![]() ![]() Apply for membership at /alliance and make use of the 365Coliseum Business.You've got to hand it to Apple. Coliseum is dedicated towards building the best global community of sports and entertainment venue executives and professionals creating better and more profitable venues.īecome a member of the only Global Sports Venue Alliance and connect with stadiums, arenas and experts from around the world. We look forward to working with new owners, ICG, to enhance Britain’s most iconic arena and continue to bring world class acts and artistes to this world-famous entertainment district.”Ĭontinue to follow Coliseum for latest updates on venues business news. We expect this to be the first of a program of investments in the European content and live entertainment market.”Ĭommented Chris Bray, Executive Vice-President, Europe of ASM Global, “ Quintain has been excellent landlords for the OVO Arena for the last 20 years and we thank them for their stewardship. As music consumption has pivoted towards streaming, touring has become increasingly important for artistes whilst consumers are dedicating an increasing portion of their disposable income to experiences over material goods. The investment represents ICG Real Estate’s first in the content and live entertainment space, a sector which is benefiting from structural tailwinds. ![]() Maintained Andreas Papadolambakis of ICG Real Estate, “We’re delighted to be the new custodians of the iconic OVO Arena and to be partnering with ASM, a globally renowned arena operator. Naturally, we will work with ICG and ASM to ensure that the world-famous OVO Arena Wembley will remain an important part of this world-class destination and neighborhood.” ![]() Remarked James Saunders, CEO of Quintain, “As we build out the Wembley Park estate, with 3,000 more homes still to deliver, we continue to focus our efforts on our Build-to-Rent ambition, neighborhood retail and placemaking. With a capacity of 12,500, the Arena is the second largest in London and is operated by ASM Global, the leading entertainment venue operator, with a portfolio of over 350 venues worldwide. Today, the Arena typically hosts 120 events a year across sport, music, comedy, and entertainment. Purchased by Quintain in 2002 as part of an initial acquisition of 44 acres of land in Wembley Park, the OVO Arena Wembley was transformed by Quintain in 2006 with a £36m refurbishment which, along with the new stadium, cemented Wembley’s position as one of the premier UK locations for live music and entertainment.īuilt as the ‘Empire Pool’ in 1934 to host swimming events for the Empire Games, the Arena has also hosted events for both the 19 Olympics. It is the venue where artistes love to stand on stage and shout ‘Hello, Wembley!’ ‘Quintain’ further stated that built in 1934, the OVO Arena Wembley (formerly Wembley Arena) has played host to some of the world’s most famous artistes, including the English singer-songwriter David Bowie, British rock band Queen, Swedish supergroup ABBA, and the American singer-songwriters Britney Spears and Beyoncé. The London (UK)-based Intermediate Capital Group is a private equity investment firm focused on providing capital to help companies grow through private and public markets and provides a number of strategies and funds aimed at institutional investors. The 12,500-seat facility is London’s second-largest indoor arena after the 20,000-capacity The O2 Arena, and the ninth-largest in the United Kingdom. ![]() The Wembley Arena (originally the Empire Pool, now known as OVO Arena Wembley for sponsorship reasons) is an indoor arena next to the 90,000-capacity Wembley Stadium in Wembley, London, England (UK), used for music, comedy, family entertainment, and sport. It is roughly centered on Bridge Road, a mile Northeast of Wembley town center and 7.6 miles Northwest from Charing Cross. Wembley Park is a district of the London Borough of Brent, England (UK). ![]()
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