{"id":49295,"date":"2024-02-28T17:42:21","date_gmt":"2024-02-28T17:42:21","guid":{"rendered":"https:\/\/www.sheflive.co.uk\/?p=49295"},"modified":"2024-02-28T17:42:21","modified_gmt":"2024-02-28T17:42:21","slug":"sheffield-arena-to-receive-investment-from-new-operator-in-2025","status":"publish","type":"post","link":"https:\/\/shef-live.co.uk\/index.php\/2024\/02\/28\/sheffield-arena-to-receive-investment-from-new-operator-in-2025\/","title":{"rendered":"Sheffield Arena to receive investment from new operator in 2025"},"content":{"rendered":"\n<p><strong>A new operator has been announced to oversee the Utilita Sheffield Arena from next year.<\/strong><\/p>\n\n\n\n<p>ASM Global &#8211; the Los Angeles-based firm which manages OVO Wembley Arena, AO Manchester Arena, and Leeds First Direct Arena &#8211; is due to take over from Sheffield City Trust in January 2025.<\/p>\n\n\n\n<p>Councillor Richard Williams, Chair of Sheffield City Council&#8217;s Communities, Parks and Leisure Committee, said: &#8220;This is a major step forward in our ambitious plan for the city and entertainment facilities.<\/p>\n\n\n\n<p>&#8220;ASM Global have an unrivalled reputation in the global venue industry and this new investment will certainly allow us to compete on a global scale.&#8221;<\/p>\n\n\n\n<p>Leader of Sheffield City Council, Councillor Tom Hunt, said he was &#8220;thrilled&#8221; that ASM Global had accepted the opportunity and that it was &#8220;another example of our ambition for Sheffield&#8221;. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">World-leading venue event manager <a href=\"https:\/\/twitter.com\/ASMGlobalLive?ref_src=twsrc%5Etfw\">@ASMGlobalLive<\/a> has been announced to take over as operator of <a href=\"https:\/\/twitter.com\/SheffieldArena?ref_src=twsrc%5Etfw\">@SheffieldArena<\/a>, from January 2025.<br><br>&quot;This new exciting partnership with ASM Global is another example of our ambition for Sheffield.\u201d<br><br>More here: <a href=\"https:\/\/t.co\/p44Nb3Erem\">https:\/\/t.co\/p44Nb3Erem<\/a> <a href=\"https:\/\/t.co\/m6uUGuu7nu\">pic.twitter.com\/m6uUGuu7nu<\/a><\/p>&mdash; Sheffield City Council (@SheffCouncil) <a href=\"https:\/\/twitter.com\/SheffCouncil\/status\/1762410109181804590?ref_src=twsrc%5Etfw\">February 27, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The 13,600-capacity arena has been operated by Sheffield City Trust since 1991, when it was used for the Student Games.<\/p>\n\n\n\n<p>In 2022, financial shortfalls resulted in the council issuing a \u00a37m bailout to the trust and to ask for it to hand back all seven of its Sheffield leisure venues, including the arena, at the end of 2024.<\/p>\n\n\n\n<p>This led to the council launching a procurement process to find a new operator last year, in a move that was said to avoid &#8220;a potential insolvency situation&#8221; or force the council to have to introduce short-term measures between September and December 2024.<\/p>\n\n\n\n<p>The new operators have reportedly pledged &#8220;significant investment&#8221; to re-vamp the arena, which was previously refurbished more than a decade ago.<\/p>\n\n\n\n<p>Chris Bray, European President of ASM Global, said: &#8220;Our goal is to ensure the venue is a must-play for world-class artists, and that the content is diverse, exciting and world-leading.<\/p>\n\n\n\n<p>&#8220;We have exciting plans for re-imagining the customer experience too and are looking forward to getting better acquainted with the city very soon.&#8221;<\/p>\n\n\n\n<p>The venue recently hosted the MOBO Awards, stand-up comedian Peter Kay, and filming for BBC One&#8217;s revival of <em>Gladiators<\/em>.<\/p>\n\n\n\n<p>It was also one of seven arenas shortlisted to host the 2022 Eurovision Song Contest, before it was later handed to Liverpool.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new operator has been announced to oversee the Utilita Sheffield Arena from next year. ASM Global &#8211; the Los Angeles-based firm which manages OVO Wembley Arena, AO Manchester Arena, and Leeds First Direct Arena &#8211; is due to take over from Sheffield City Trust in January 2025. Councillor Richard Williams, Chair of Sheffield City [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,166],"tags":[194,55,195,196],"class_list":["post-49295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-top-story-2","tag-asm-global","tag-sheffield-city-council","tag-sheffield-city-trust","tag-utilita-sheffield-arena"],"_links":{"self":[{"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/49295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=49295"}],"version-history":[{"count":0,"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/49295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=49295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=49295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shef-live.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=49295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}