City of CT to sell stadium naming rights
The City of Cape Town has announced that it will sell the naming rights of its 68,000-seater, multi-purpose, world-class stadium on Green Point Common to national, or international, bidders.
According to BuaNews, the news, which was released by the City from its stand at the Soccerex 2007 International Soccer Expo in the Sandton Convention Centre, follows FIFA's announcement that Cape Town was the preferred bidder for the 2010 World Cup Final Draw in December 2009.
The naming rights process will start on January 15, 2008, when tender documents will be made available on the City of Cape Town's website www.capetown.gov.za or the city's Tender Office. The city will be looking for a marketing agency to facilitate the bid.
In the case of the operator proposal, the city is looking for a consortium with the skills and experience needed to operate such a facility successfully.
Documentation for the operator will be available from February 18, 2008. The city hopes to finalise the appointment of the operator by June 2008, subject to how much time and effort negotiations will take.
Cape Town Deputy Mayor Grant Haskin is confident that the lively interest shown at the international expo will translate into positive results.
"This stadium has the finest visual setting in South Africa and is close to the heart of downtown Cape Town, the Victoria & Alfred Waterfront, the Cape Town International Convention Centre and within walking distance of some of the finest hotels, restaurants, entertainment and business facilities," said Haskin.
Haskin continued: "Green Point stadium has a splendid view of Table Mountain, Robben Island, Table Bay, the Boland mountain ranges and the City Bowl."
The Green Point Stadium will host more matches than any other single South African stadium, namely nine, which includes one of the two semi-finals.