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Cardiff's play-off dream excites businesses in the city

BBC Published May 21, 2010 Reviewed Jul 2, 2026 ✓ Reviewed by citations.press editors
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More than 1,500 people are employed in hotels in Cardiff.
more than 1500 people · hotel employees
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The number of hotel beds in Cardiff grew by 30% last year.
30 percent · hotel beds
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Hotel bed capacity in Cardiff is set to grow by another 30% this year.
30 percent · hotel beds
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Cardiff's new stadium can hold 26,000 fans.
26000 fans · stadium capacity
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Premier League matches are broadcast into more than 500 million homes across 211 countries on a typical weekend.
more than 500000000 homes · households receiving Premier League broadcasts211 countries · countries with Premier League broadcasts
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Cardiff City FC’s promotion to the Premier League is estimated to be worth £90m.
90000000 GBP · estimated financial value of promotion
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Of the £90m estimated value of promotion, around £40m would come from television income, higher gate receipts, and commercial income.
40000000 GBP · revenue from TV, gates, and commercial income
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If Cardiff City is relegated after one season, it could receive close to £50m in parachute payments over four years.
about 50000000 GBP · parachute payments
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The Ryder Cup in Newport in October is estimated to generate more than £70m for the Welsh economy.
more than 70000000 GBP · economic impact on Welsh economy
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A 2003 Cardiff Council study estimated a middle-order Premier League team in Cardiff would generate around £10m for the local economy.
about 10000000 GBP · economic impact on south Wales
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The same 2003 Cardiff Council study estimated promotion would create around 400 jobs.
about 400 jobs · new jobs created
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The football club would be among the top 25 firms in Cardiff if promoted.
at least 25 · firm ranking in Cardiff
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Cardiff City Stadium has a capacity of 26,000 and only around 10% of match attendees are expected to be visiting fans.
26000 fans · stadium capacity10 percent · visiting fans proportion
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No-one can match the excitement being felt among Cardiff City fans ahead of the Championship play-off final.

It may not be as intense but there's still huge excitement elsewhere at the prospect of the Premier League coming to Wales.

Other than the fans, the obvious big winner is the hospitality sector.

More than 1,500 people are employed in hotels in the capital alone. The number of hotel beds grew by 30% last year in the city and is set to grow by another 30% this year.

All those new hotels need new business, after a recession which has seen huge cutbacks in areas like corporate hospitality.

That is why the Premier League has been described as the "Holy Grail" by the Cardiff Hoteliers Association.

The city is no stranger to hosting high-profile sporting events. There have been FA Cup finals and Rugby World Cup matches at the Millennium Stadium and last year's Ashes test at the Swalec stadium.

But this would be different, instead of one-off spectaculars there will be 19 matches at the Cardiff City stadium spread throughout the season.

And of course we are talking about the most watched sporting league in the world. The Premier League says on a typical weekend its matches are beamed into more than 500 million homes in 211 countries.

For the club itself it has been estimated at a staggering £90m.

Around £40m of that would come from television income, higher gate receipts and commercial income.

If the club is relegated after a season, it could receive close to £50m in parachute payments over four years.

After a number of years of well-documented financial difficulties it would deliver financial solvency at a stroke.

For the wider economy in south Wales it is unclear how much cash would be generated.

The most recent study was done by Cardiff council in 2003.

It concluded that a middle-order Premier League team in Cardiff would generate around £10m, create around 400 jobs and the football club would be among the top 25 firms in the city.

That figure has been dwarfed by some of the more recent estimates on the financial benefits arising from sporting events.

For example, the organisers of the Ryder Cup in Newport in October say it will generate more than £70m for the Welsh economy.

On one level it can be difficult to work out where all the extra money will come from if the club is promoted.

After all, the capacity of the Cardiff City stadium is 26,000 and only around 10% will be visiting fans.

The majority of those will not be spending money on long weekends in Wales but travelling home straight after the final whistle.

Yet that fails to take into account of what is considered by many as the most important benefit, developing the profile and image of Cardiff and Wales around the world and that is impossible to put a figure on.

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