The paper "The Emirates Stadium Project Analysis " is a perfect example of a management case study. The Emirates Stadium is a ‘ top-flight’ football stadium situated at Islington London and is the present home of Arsenal Football Club. Proposals and plan for this new stadium were originally made in 1996 to expand the capacity since Highbury Stadium become small for a competitive club like Arsenal FC. However, their proposal was denied by Islington Council due to environmental concerns residential amenities and surrounding transport making them explore new options. In 2000, Sir Robert McAlpine company signed a contract to design, construct and build a 60,000-seater stadium for Arsenal at Ashburton Grove site (Sir Robert McAlpine 2006). So as for Arsenal Football Club to finance this estimated £ 390m project, the sale of the surplus land assets was required to facilitate their financiers to offer adequate supporting benefits for a case in getting a sufficient loan to finance the remainder.
The project began in February 2004 and ended with the opening in July 2006. Arcadis (2006) stated earlier in 2004, when the project was beginning, the Ashburton Properties, Arsenal Holdings’ subservient, was established so as obtain to a loan more than £ 200m a bank which focuses in stadium funding and management.
The whole project was built at a cost of 390 million pounds. This project also entailed a generation scheme that considered housing, community health care facility, a waste recycling plant, public transport and museum step-ups. The scheme is said to have created nearly 1,850 jobs, more than 2,100 new homes and lever about £ 400m into that area, aside from the £ 390 allocated for that The Emirates Stadium (Arcadis 2006). 2.0 Stakeholder analysis Construction of Emirates stadium started rapidly after the tender was signed in early 2004.
One of the leading UK civil and building engineering firms, Sir Robert McAlpine got a contract as the major contractor to design and build the stadium. Other stakeholders in this project include HOK Sport, Prater Ltd, Buro Happold Company, local community residents and supporters. 2.1 Sir Robert McAlpine After proposal and agreement reached to construct at the new stadium at Ashburton Grove site, the contract was awarded to a reputable leading construction company, Sir Robert McAlpine in 2004 as the main contractor (Sir Robert McAlpine 2006).
The company signed an agreement to design and put up a 60,000-seater stadium. The contract strategy referred to as Design and Build believed to be the best in consideration of time constraint (Chan & Yu-ann 2005, p. 8). Their Design and Build approach involved design and construction overlapping phases leading to the economics and rapid project. SRM has constructed similar projects in the past e. g. Hampden Park in Glasgow and the Centenary Stand at West Ham United FC (Smith, Merna & Jobling 2006). 2.2 HOK Sport HOK Sport is now known as Global designs practice 'Populous' was given the responsibility of architecture and designing of the Emirates Stadium.
They are well known to have been and are presently leading architects on numerous great projects of the same magnitude all over the UK and other countries across the world (Arcadis 2006). Such project includes the Wembley Stadium in London, Millennium Stadium and Cardiff in Wales, and the Incheon Stadium in South Korea.