ex Elly 197 Posted March 16, 2018 Author Share Posted March 16, 2018 Good to hear some encouraging comments from David Parker here... https://edition.cnn.com/videos/sports/2018/03/15/emirates-team-new-zealand-americas-cup-cycle-mainsail-march-2018-spc-spt.cnn America's Cup: How Team NZ won in Bermuda Quote Link to post Share on other sites
harrytom 642 Posted March 16, 2018 Share Posted March 16, 2018 Hold the cup anywhere they like ,lake Taupo Sydney Rome anywhere but here, I have absolutely no interest in the cup,Maori will do a protest thing and ruin it, How many yachting and non yachting public really care about it?? I only got interested in last couple of races along with a lot of other people I know,its not matching of yesteryear which is what we want to see,luffing matches etc Quote Link to post Share on other sites
Priscilla II 392 Posted March 26, 2018 Share Posted March 26, 2018 Council and Government commit to split $200 million Cup costs. The scaled back development at $100 +million is a farkin truck load of loot for 6 temporary sheds. Quote Link to post Share on other sites
MarkMT 68 Posted March 26, 2018 Share Posted March 26, 2018 Apparently the deal is done - http://emirates-team-new-zealand.americascup.com/en/preview-news/272_AMERICA-S-CUP-BASE-PLAN-AGREED-FOR-AUCKLAND-2021.html http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12020528 Quote Link to post Share on other sites
Island Time 1,220 Posted March 26, 2018 Share Posted March 26, 2018 I find myself more pleased than I thought I would.... Quote Link to post Share on other sites
muzled 140 Posted March 26, 2018 Share Posted March 26, 2018 Can someone explain why there is a $40M hosting fee and where that goes? Quote Link to post Share on other sites
ex Elly 197 Posted March 26, 2018 Author Share Posted March 26, 2018 Hosting fee is the running costs. So they need money to build the bases/ village, and money to run the event, regatta, races. Quote Link to post Share on other sites
harrytom 642 Posted March 27, 2018 Share Posted March 27, 2018 And if NZ does not retain the cup,then what,more money wasted transforming in to what ever?? Quote Link to post Share on other sites
muzled 140 Posted March 27, 2018 Share Posted March 27, 2018 Hosting fee is the running costs. So they need money to build the bases/ village, and money to run the event, regatta, races. Haven't they got another $160M or so to do that? ($200M all up for the event) Seems like a $40M donation to the team so that its less money they have to get from sponsorship? Quote Link to post Share on other sites
MarkMT 68 Posted March 27, 2018 Share Posted March 27, 2018 Not the way I understand it. Running the team and running the event are two different buckets of money. Though I have no idea what measures are in place to actually manage that. Quote Link to post Share on other sites
Priscilla II 392 Posted March 28, 2018 Share Posted March 28, 2018 I suppose all the public submissions made to Council now become redundant. https://www.stuff.co.nz/sport/other-sports/102672658/team-nz-remain-waterfront-nomads-under-new-americas-cup-base-plan Quote Link to post Share on other sites
harrytom 642 Posted March 28, 2018 Share Posted March 28, 2018 So we are less than 3 yrs away(2021)council can build in time?? Has a prototype of new mono design been built yet and what are the rules?? seems me they are cutting it fine. Quote Link to post Share on other sites
ScottiE 174 Posted March 28, 2018 Share Posted March 28, 2018 Yup - deliberate too probably Quote Link to post Share on other sites
Ed 143 Posted March 29, 2018 Share Posted March 29, 2018 So we are less than 3 yrs away(2021)council can build in time?? Has a prototype of new mono design been built yet and what are the rules?? seems me they are cutting it fine. The contractor and designer selection has already been done, so there won't be a protracted tendering process to work through, and the parties involved have already begun to resource up. If anything holds it up now it will be resource consent Quote Link to post Share on other sites
harrytom 642 Posted March 29, 2018 Share Posted March 29, 2018 The contractor and designer selection has already been done, so there won't be a protracted tendering process to work through, and the parties involved have already begun to resource up. If anything holds it up now it will be resource consent anything is possible,look at the Orewa sea wall mess. Quote Link to post Share on other sites
ex Elly 197 Posted April 1, 2018 Author Share Posted April 1, 2018 ETNZ were just about to take the cup to Italy, when they came up with the Events Centre proposal that saved the day, apparently. http://www.nzherald.co.nz/sailing/news/article.cfm?c_id=106&objectid=12024071 Quote Link to post Share on other sites
madyottie 82 Posted April 1, 2018 Share Posted April 1, 2018 To be honest, I think the hosting fee is just a wrought. If the government had said "No, sorry!" does anyone think the cup regatta would really have gone to Italy? Would the Italian government have said,"Yeah, sure, here's 30 million euros to play with, can we give you another 120 million to make our waterfront ugly too?" I have my doubts. Quote Link to post Share on other sites
AJ Oliver 154 Posted April 14, 2018 Share Posted April 14, 2018 Well, if you don't fund the Cup, you'll probably just waste that money on frivolities like food, clothing and/or shelter!! Quote Link to post Share on other sites
Priscilla II 392 Posted May 17, 2018 Share Posted May 17, 2018 https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12053520 $40 million of that sum is the so called "event fee". Never ever thought a one off yachting regatta could scoff through such a whopping chunk of change. In my view the public purse has been severely diddled by the whole AC event and the $250 million would have better given to our nurses as a welcome change from their paltry pay rates. Quote Link to post Share on other sites
MarkMT 68 Posted May 17, 2018 Share Posted May 17, 2018 Appalling. Quote Link to post Share on other sites
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