— Dave Kaval (@QuakesPrez) February 20, 2013
San Jose has just confirmed that the first permits for construction on the new stadium site have been submitted. Club President Dave Kaval then claimed that fans may be able to see action on the site as early as February 25th.
The stadium has been estimated at $60m, although this figure could rise due to unexpected events. It will be situated on Coleman Avenue (to the west of the Mineta San Jose International Airport), allowing for easier access for opponents flying in. The stadium’s construction will be privately funded, so the club will be receiving no money from the city of San Jose.
The new stadium could allow for a better experience for both fans and players, although the stadium is expected to open in 2014. It will seat 18,000 fans, with at least 12 luxury suites. Lewis Wolff (Quakes owner) has offered to pay for the maintenance for a 55-year timespan, which will be a massive boost to the clubs financial capabilities in the long run.
The stadium will have large effects both in the long run and short run, but in very different ways. The club will be able to receive much larger number of fans (7,700 extra fans will be able to watch the games), allowing for more money to be gained during these matches. The newer stadium will have a strong psychological effect on the players, which we can expect to be positive due to more fans supporting them.
The club could suffer a short term financial struggle, it shouldn’t have a major effect on the club. A new stadium will allow for the club to gain bigger sponsorships, so they won’t feel any financial strain (if there’s any at all) for very long.
The new stadium will undoubtedly be a fantastic place to watch any team play, and so I’m sure we can all look forward to some quality soccer being played both now and in the future.