1 00:00:00,080 --> 00:00:02,560 Speaker 1: In a state of almost bewilderment. We seem interested in 2 00:00:02,600 --> 00:00:04,800 Speaker 1: what the Auckland City Council thinks about a stadium they've 3 00:00:04,800 --> 00:00:07,080 Speaker 1: got no real say over. But yesterday they voted to 4 00:00:07,160 --> 00:00:09,360 Speaker 1: endorse the redevelopment of eden Park as opposed to a 5 00:00:09,440 --> 00:00:12,040 Speaker 1: new facility on the waterfront. The next step in what 6 00:00:12,280 --> 00:00:15,760 Speaker 1: is an astonishingly long go nowhere kind of process is 7 00:00:15,840 --> 00:00:18,279 Speaker 1: what happens next? Does the government get involved? Eden Park's 8 00:00:18,320 --> 00:00:19,439 Speaker 1: thet Sortner is with us. 9 00:00:19,520 --> 00:00:22,079 Speaker 2: Nick morning, Good morning Mike, and thanks for your time. 10 00:00:22,320 --> 00:00:24,079 Speaker 1: No, not at all. We had Martin Snedden on the 11 00:00:24,079 --> 00:00:26,960 Speaker 1: program yesterday. We were talking about the redevelopment of eden 12 00:00:27,000 --> 00:00:29,640 Speaker 1: Park back in twenty eleven. So twenty fifteen, nothing really 13 00:00:29,640 --> 00:00:31,920 Speaker 1: has happened. Do you think you'll be alive when someone 14 00:00:31,960 --> 00:00:32,720 Speaker 1: makes a decision. 15 00:00:33,400 --> 00:00:35,640 Speaker 2: Well, I'd like to think so, And yesterday we welcome 16 00:00:35,680 --> 00:00:38,280 Speaker 2: the decision and acknowledge the staff that to participating in 17 00:00:38,400 --> 00:00:41,519 Speaker 2: a process for over two years it was originally intended 18 00:00:41,560 --> 00:00:45,080 Speaker 2: to take three months, took two years. Our strategy and 19 00:00:45,120 --> 00:00:48,360 Speaker 2: purposes being to demonstrate that our hybrid multi purpose stadium 20 00:00:48,600 --> 00:00:50,600 Speaker 2: and adapted for a use of Eden Park, is the 21 00:00:50,640 --> 00:00:54,480 Speaker 2: only solution for Auckland and New Zealand's National Stadium. 22 00:00:54,720 --> 00:00:57,360 Speaker 1: If they do or tick something off, what happens to 23 00:00:57,400 --> 00:00:59,840 Speaker 1: the facility that you can't do now. 24 00:01:01,240 --> 00:01:04,959 Speaker 2: So for us, the critical element is to demonstrate that 25 00:01:05,680 --> 00:01:09,560 Speaker 2: increase utilization is part and parcel of stadium economics and 26 00:01:09,920 --> 00:01:12,880 Speaker 2: with the opening of the CRL we'll see a pipeline 27 00:01:12,920 --> 00:01:16,840 Speaker 2: of potential and for us it's to unlock a lot 28 00:01:16,880 --> 00:01:19,720 Speaker 2: of the potential that's there. So we're currently under a 29 00:01:19,800 --> 00:01:22,399 Speaker 2: number of constraints. We've got ninety seven percent support from 30 00:01:22,440 --> 00:01:25,000 Speaker 2: the community. So part of this process has been able 31 00:01:25,000 --> 00:01:27,240 Speaker 2: to demonstrate that we have got the support of the 32 00:01:27,240 --> 00:01:30,960 Speaker 2: community and local businesses. We understand the economic benefits of 33 00:01:31,120 --> 00:01:33,840 Speaker 2: major events and we've got a proven track record the 34 00:01:33,920 --> 00:01:36,880 Speaker 2: last five years. We've seen seventy percent of our revenue 35 00:01:36,880 --> 00:01:39,680 Speaker 2: and activity not being part of our business model only 36 00:01:39,720 --> 00:01:41,640 Speaker 2: five years ago, and we know we need to evolve 37 00:01:41,720 --> 00:01:43,080 Speaker 2: and this is just the next step. 38 00:01:43,280 --> 00:01:45,440 Speaker 1: Do you have any sense at all of whether the 39 00:01:45,480 --> 00:01:47,240 Speaker 1: central government is remotely interested. 40 00:01:47,880 --> 00:01:50,800 Speaker 2: Well, I'm very confident in the conversations that we can 41 00:01:50,840 --> 00:01:53,280 Speaker 2: have and we're not looking for new money. What we're 42 00:01:53,280 --> 00:01:55,440 Speaker 2: looking for is for government to be more efficient with 43 00:01:55,560 --> 00:01:58,800 Speaker 2: existing money. And with the pipeline of content including the 44 00:01:58,800 --> 00:02:01,160 Speaker 2: Cricket World Cup in twenty two twenty eight, this is 45 00:02:01,400 --> 00:02:04,640 Speaker 2: once in a lifetime opportunity to actually draw a line 46 00:02:04,640 --> 00:02:08,080 Speaker 2: in the sand and make a decision adaptive re use 47 00:02:08,080 --> 00:02:10,639 Speaker 2: of Eden Park with a staged approach. The first stage 48 00:02:10,680 --> 00:02:13,679 Speaker 2: been one hundred and ten million. I understand that everyone's 49 00:02:13,720 --> 00:02:16,320 Speaker 2: doing it tough, but I'm confident there is opportunities for 50 00:02:16,400 --> 00:02:18,960 Speaker 2: savings and reinvestment in our national stadium. 51 00:02:19,000 --> 00:02:20,560 Speaker 1: Good stuff. Thank nice to talk to your next sup. 52 00:02:20,639 --> 00:02:22,320 Speaker 1: Not eaton Parks CEO nine. 53 00:02:22,360 --> 00:02:25,280 Speaker 2: For more from the Mic Asking Breakfast, listen live to 54 00:02:25,400 --> 00:02:28,440 Speaker 2: news talks that'd be from six am weekdays, or follow 55 00:02:28,480 --> 00:02:30,000 Speaker 2: the podcast on iHeartRadio