NYCFC Unveils Etihad Park: New Stadium to Boost Soccer Culture and Local Economy
November 21, 2024The Willets Point redevelopment is projected to generate $6.1 billion in economic activity and create thousands of jobs, highlighting its significance for the local economy.
New York City FC has announced that its new stadium, set to open before the 2027 Major League Soccer season, will be named Etihad Park, thanks to a 20-year partnership with Etihad Airways.
The new stadium is expected to benefit NYCFC if MLS shifts to an August-to-May schedule, aligning with European leagues and providing some protection against winter weather.
Etihad Airways has been a sponsor of NYCFC since its inception in 2014 and has a long-standing relationship with Manchester City, further solidifying its commitment to soccer.
Etihad Airways CEO Antonoaldo Neves expressed excitement about the naming rights deal, predicting that Etihad Park will become a landmark sports destination in the United States.
CEO Brad Sims described the stadium as a crucial development for the city's soccer culture, referring to it as a 'cathedral of soccer' that will enhance the club's presence in New York.
The stadium is part of a larger redevelopment project in Willets Point, which will also include affordable housing, a public school, and retail space, with pre-construction activities already underway.
Sims expressed hope that Etihad Park will serve as a community hub for sporting events, concerts, and festivals, fostering a sense of connection within the community.
Designed for versatility, the stadium will host a variety of events beyond soccer matches, including concerts and festivals, ensuring it remains active throughout the year.
MLS season ticket holders will receive priority access to hospitality tickets for the 2026 World Cup, enhancing the value of their membership.
The naming rights deal with Etihad Airways is seen as a major commercial agreement for the club, although specific financial terms have not been disclosed.
Sims emphasized that the revenue from the naming rights deal will directly benefit NYCFC, separating it from the financial issues currently facing its parent company, City Football Group.
Summary based on 10 sources
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Sources
The Athletic • Nov 21, 2024
New York City FC’s new stadium to be called Etihad ParkUSA TODAY • Nov 21, 2024
New York City FC to play at Etihad Park beginning 2027 in QueensCBS New York • Nov 21, 2024
NYCFC stadium in Queens to be named Etihad Park