A multi-billion dollar stadium precinct has been proposed for Auckland, one of three proposals in front of Auckland Council for a new stadium in the city. The council is also considering revamping Eden Park. But is a new stadium really value for money for Auckland ratepayers?

Large stadiums are sold as an economic boon for cities. But the reality is these multimillion-dollar investments tend to require significant investment from local and regional councils.

These stadiums are often opposed by sections of the communities asked to pay for them. And once built, they stand empty most of the time.