Wednesday 24 April 2019

Aviva stadium rocks to €4.5m profit as Rihanna woos fans

Rihanna in concert at the Aviva stadium, Dublin
Rihanna in concert at the Aviva stadium, Dublin

Gordon Deegan

Concerts held by pop stars Rihanna and Robbie Williams at the Aviva Stadium in Dublin helped the company behind the venue to pump out profits of €4.5m last year.

The operating profit is revealed in new accounts filed for New Stadium Ltd.

In the accounts, the company's directors said that nearly 750,000 people attended 19 sporting and non-sporting events at the stadium last year.

That's 50,000 more than the number that attended in 2012.

The Aviva Stadium was developed on the old Lansdowne Road site at a cost of €410m and officially opened in May 2010.

It has a seating capacity of almost 52,000.

Sporting events held there last year included the Heineken Cup final between Toulon and Clermont Auvergne in May, as well as five Ireland international rugby fixtures including three autumn international matches.

Football fixtures included the Republic's home qualifiers for the 2014 World Cup and friendlies along with the "very successful" Dublin decider between Liverpool FC and Celtic FC.

Robbie Williams, Rihanna and Roger Waters also staged concerts at the venue in 2013.

The €4.5m operating profit for 2013 is down 10pc on the almost €5m it made in 2012.

The stadium has held no concerts this year and was at one stage mooted as an alternative to the failed Garth Brooks' concerts at Croke Park.

According to the directors' report, the stadium tours business operated "very satisfactorily in 2013 and a number of initiatives have been introduced to to help with the development of this business".

The report states that "further improvements were made in reducing year on year costs and maximising revenue opportunities".

Irish Independent

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