Bay stadium loses R19.3m

Mkhululi Ndamase

THE Nelson Mandela Bay Stadium registered a loss of R19.3- million in the last 11 months of the 2012- 2013 financial year, ending in May.

Access Management chief executive Chantal du Pisani yesterday attributed the loss to hosting eight Africa Cup of Nations games which were not budgeted for and the uncertainty that came with the one-year allocation of Super Rugby.

Du Pisani said the costs associated with securing a Premier Soccer League side to play their home games at the world class sports venue also contributed to the loss.

The stadium also hosted Vodacom Cup games, EP Kings Absa Currie Cup First Division rugby home matches and the IRB Sevens rugby tournament.

“This busy event programme places the NMB Stadium ahead of all new World Cup stadiums in South Africa,” Du Pisani said.

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