Agenda item

13.1

The Executive Director City Futures submitted a report containing details of opportunities for Sheffield to bid to host two sporting events.  The purpose of the report is to brief the Strategy and Resources Policy Committee on the event hosting opportunities and to obtain approval for the financial and resource contribution required from the Council to support these Events.

13.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

(a) notes that Sheffield has been selected as the host City should the UKs bid for the events named in the report be successful;

(b) approves Sheffield to bid in conjunction with the relevant Associations to host the events referred to in the report;

(c) notes the financial contributions in section 1.1.5 and 1.2.5 of the report, towards the staging costs for the respective events and that by proceeding the Council is committing to those sums should the bids be successful;

(d) agrees that as the financial implications arise in future years they should be factored into the Council’s Medium Term Financial Strategy; and

(e) notes that the proposed venues are currently operated by Sheffield City Trust who will be involved in preparing the bid, and that arrangements are in place via the Leisure procurement for the commitments to pass to the new operator of the venues from 1st January 2025.

13.3

Reasons for Decision

13.3.1

Recommendations are made on the basis that that these events provide a number of positive outcomes for the people and city of Sheffield as follows:

• provides economic benefit and worldwide exposure for the city

• will drive footfall and increase dwell time in the city in support of local businesses (economic benefit)

• raise the profile of Sheffield as a major event hosting destination(brand exposure)

• will provide for community and civic engagement across the legacy development initiatives for both events

13.3.2

A further report will be brought back to members by way of update after the outcome of the bids are known.

13.4

Alternatives Considered and Rejected

13.4.1

The option not to host the Events has been considered, however in the context of the contributions set out in section 2 of the report, and subject to contractual agreements, it would feel like an opportunity missed for the City to not support these events.

13.1

The Executive Director City Futures submitted a report containing details of opportunities for Sheffield to bid to host two sporting events.  The purpose of the report is to brief the Strategy and Resources Policy Committee on the event hosting opportunities and to obtain approval for the financial and resource contribution required from the Council to support these Events.

13.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

(a) notes that Sheffield has been selected as the host City should the UKs bid for the events named in the report be successful;

(b) approves Sheffield to bid in conjunction with the relevant Associations to host the events referred to in the report;

(c) notes the financial contributions in section 1.1.5 and 1.2.5 of the report, towards the staging costs for the respective events and that by proceeding the Council is committing to those sums should the bids be successful;

(d) agrees that as the financial implications arise in future years they should be factored into the Council’s Medium Term Financial Strategy; and

(e) notes that the proposed venues are currently operated by Sheffield City Trust who will be involved in preparing the bid, and that arrangements are in place via the Leisure procurement for the commitments to pass to the new operator of the venues from 1st January 2025.

13.3

Reasons for Decision

13.3.1

Recommendations are made on the basis that that these events provide a number of positive outcomes for the people and city of Sheffield as follows:

• provides economic benefit and worldwide exposure for the city

• will drive footfall and increase dwell time in the city in support of local businesses (economic benefit)

• raise the profile of Sheffield as a major event hosting destination(brand exposure)

• will provide for community and civic engagement across the legacy development initiatives for both events

13.3.2

A further report will be brought back to members by way of update after the outcome of the bids are known.

13.4

Alternatives Considered and Rejected

13.4.1

The option not to host the Events has been considered, however in the context of the contributions set out in section 2 of the report, and subject to contractual agreements, it would feel like an opportunity missed for the City to not support these events.