Transcriptions done by robots in Descript app (they are getting better but not yet perfect)
Question two, was triggered off a n article that, I shared on LinkedIn and, and Pat Galloway got me a call, for a followup article. And these question was, what do I think about the push for smaller boutique stadiums? And it's very much the, the device, a smaller stadium versa versus a bigger stadium. I will share that. I will have shared the links to this article by the time this episode goes out. But the main theme from my point of view in comparing the small versus the big stadium and an, and I guess in this, in this region, we've, we've seen some recent cricket matches, big bash matches in large. Stadiums like the mcg with, with only 13 or 14,000 people. which makes for a really poor experience. you know, 30,000 people in a 100,000 seat stadium doesn't look right, both on TV. And it's not a great experience in stadium. And, and for me, the, the push way, that doesn't really mean the stadium size isn't so much to matter. I think the challenge in front of all stadium operators and sports in general is making sure the fan experiences of. Oh, he's the best one there. And how you go about that. And the other, I guess the reason for smaller boutique stadiums, it potentially offers that you've got less people to cater for. less pressure to fill. Kevin has stadiums. and then you can provide a really engaging experience. so I think, you know, I think that's the main reason. I mean, we're seeing trends, you know, in, in the UK and premier league and smaller stadiums, obviously lucky enough to tour stadiums like, bank of America. And we LAFC ply, that smallest stadium is easy to fill. And then the atmosphere of that stadium is amazing. So that's where I think there is a, there is a trend, I think in the, unfortunately in this, in the Australian market, There's a these issues, around who pays because most of the stadiums are paid for by government. there is, they always seem to roll up the size of the state into the biggest venue, sorry, to the biggest event. So they were always building the stadium to cater for the grand final or an international match and those kinds of things are international concert. which might happen five to six times a year. But there might be 50 to 60 more content days or more that don't feel it. So it's these, that balance. I don't think if they were more privately owned stadiums, that, that have also then all the opportunities to commercialize them with different areas. I think it would be very different. So. Keeping on what Lou Sticca in the, his table doing, a wishing you nod and building their own stadium in for Western United down towards Geelong . it will be interesting to see how that develops. But, for mine, the debate around smaller than peak stadiums always comes back to. Fan experience. Some of that will be, will be technology and what it can offer, but also it just can be what is the experience like what is the food like, what does the beer available? How do you cater for families? How easy is it to get in and out of the stadium? I think they are more important than the actual size. The size is a starting point to say what's the ultimate size from a revenue point of view and a fan experience point of view.