Motorpoint Arena recovers but 'significant issues' lie ahead

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Motorpoint Arena recovers but 'significant issues' lie ahead
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The business has bounced-back

The boss of Nottingham City Council-owned Motorpoint Arena and National Ice Centre says it has made a "remarkable recovery" following the covid pandemic. "Significant issues" however lie ahead due to soaring inflation and councillors have questioned how the business hopes to survive the cost of living crisis which is squeezing Brits dry.

Despite not being open for six weeks at the beginning of the year the public skating income topped £600,000, beating all other years as far back as 2014. Challenges do, however, lie ahead. "But if you see the price of the Bob Dylan tickets we have just put on sale you will see that inflation increase compared to when he came in 2017. But that's always happened, that's just the way of the world and artists are desperately trying to recoup the money they lost."

"The costs of playing an ice sport are more expensive than, say, joining a local football club or joining a local cricket club, and so there is a risk ice sports struggle a little more at times where consumer income is being squeezed. Inflation is a massive issue across the piece. Mr Ingham says while the price of pints at Panthers' games have gone up from £6 to £6.50, Motorpoint will be introducing a £5 a pint for non-premium beer. Ticket prices he says have only risen by roughly £1.

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