{"id":2918,"date":"2024-08-07T22:02:11","date_gmt":"2024-08-07T22:02:11","guid":{"rendered":"https:\/\/news.godj.com\/sport\/twickenham-rfu-has-not-sold-out-by-selling-stadium-naming-rights-bill-sweeney\/"},"modified":"2024-08-07T22:02:11","modified_gmt":"2024-08-07T22:02:11","slug":"twickenham-rfu-has-not-sold-out-by-selling-stadium-naming-rights-bill-sweeney","status":"publish","type":"post","link":"https:\/\/news.godj.com\/sport\/twickenham-rfu-has-not-sold-out-by-selling-stadium-naming-rights-bill-sweeney\/","title":{"rendered":"Twickenham: RFU has not &#8216;sold out&#8217; by selling stadium naming rights &#8211; Bill Sweeney"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The RFU had been looking for additional investment and, in a document seen by the BBC, was considering selling their base in Twickenham and buying a 50% share in Wembley.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Those plans were shelved in favour of redeveloping the stadium, which had been quoted at a cost of \u00a3663m by the Twickenham Stadium Masterplan Programme (TSMP).<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Woodward said Twickenham should be considered in the same breath as other iconic sporting venues such as Lord&#8217;s, Wimbledon and Wembley whose names are untouched by commercialism.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;They haven\u2019t sold the naming rights to The Championships or Centre Court, they understand the brand value,&#8221; said the 68-year-old, who coached England between 1997 and 2004.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I take no comfort that Ireland, Wales, and Scotland sold their stadium naming rights. England should not feel proud.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Asked how much the deal with Allianz was worth, Sweeney said: &#8220;It&#8217;s a multi-year commitment and it&#8217;s well over \u00a3100m, so it&#8217;s a fair value for what you&#8217;d expect for stadium naming rights these days.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">London Irish, Wasps and Worcester all <a href=\"https:\/\/www.bbc.co.uk\/sport\/rugby-union\/67596449\" class=\"ssrcss-k8mrr8-InlineLink e1kn3p7n0\">went into administration<\/a> in the 2022-23 season.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Sweeney added: &#8220;It&#8217;s money that we need to invest back into the game.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We&#8217;ve had a tough time coming out of Covid, the game&#8217;s under pressure &#8211; we saw three professional clubs go out of business [and] that was extremely painful. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;So, this is money we need to generate, to invest back into the community game so we keep that pipeline going.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The inclusion of Twickenham increases Allianz&#8217;s portfolio to eight stadiums around the world. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The venue will host the final of the 2025 Women&#8217;s World Cup, while the first international fixture under the new name will see England&#8217;s women play world champions New Zealand on 14 September.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/sport\/rugby-union\/articles\/cx2881lkz44o\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The RFU had been looking for additional investment and, in a document seen by the BBC, was considering selling their base in Twickenham and buying a 50% share in Wembley. Those plans were shelved in favour of redeveloping the stadium, which had been quoted at a cost of \u00a3663m by the Twickenham Stadium Masterplan Programme [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rugby"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/2918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/comments?post=2918"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/2918\/revisions"}],"predecessor-version":[{"id":2920,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/2918\/revisions\/2920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/media\/2919"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/media?parent=2918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/categories?post=2918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/tags?post=2918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}