Facility Development and Management-Logan D
Based on the question, I can see you have captured information regarding primary financial concerns for a large stadium versus a small stadium. I concur with you that comparing the financial concerns of the NFL Dallas Cowboys, and Finley Stadium, home to the Campbellsville Tigers, is an excellent example of reviewing financial concerns related to the facility management. Indeed, the cost of building and operating a small stadium cannot be compared to that of the larger stadium.
You have also provided a piece of detailed information that clearly distinguishes the financial concerns for a large stadium versus a small stadium. I agree that most larger stadiums have to market their product well to attract surrounding communities. In this case, building large stadiums is about assessing crowd management and addressing safety concerns, which requires a lot o financial commitments (Fried and Kastel). I support the fact that large stadiums have challenges securing funding as compared to small stadiums obtaining funding for large stadiums is a big challenge.
I agree that small stadiums can quickly receive donations and contributions from well-wishers; they also face numerous challenges to maintain these facilities(Dallas Business Journal). They have to use various strategies like having different ticketing packages or hosting other types of events, and also have an excellent concession presence. The management has a huge responsibility of maintaining these facilities and managing bills of the facility (Dallas Business Journal). They, at times, have challenges managing fans who want to enter for free this makes it difficult to generate profit. Financial concerns for small stadium is indeed based on revenue and income; thus, they have to find ways to increase revenue to operate regularly.