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Power, Crows hope new Adelaide Oval deal is close

AFL 2014 Media - Adelaide Oval
The Power and Crows are hoping to soon sign a new long-term deal with Adelaide Oval
The negotiation has taken a long time but that's only because it's complex and it's important – it's a 20-year deal
Port Adelaide CEO Keith Thomas

AS THE Adelaide Oval review closes in on day 200, Port Adelaide CEO Keith Thomas says a conclusion to negotiations is finally in sight.

Both the Power and Adelaide have been in talks with the SANFL and the AFL since last July about their deal at the new stadium, in light of poor financial returns despite attracting record crowds.

The Power's average home crowd of 44,364 in 2014 far outweighed the expected average of 32,000, while the Crows averaged the highest home crowd in the AFL (48,046).

Thomas and Crows CEO Andrew Fagan have subsequently sought an increased share of stadium revenue.

The Power boss said they were close to brokering a satisfactory long-term arrangement at Adelaide Oval.

"We went into the Christmas break in pretty good shape actually – the negotiation has taken a long time but that's only because it's complex and it's important – it's a 20-year deal," Thomas said.

"We're really happy with where it's at and I think we'll be hearing some pretty good news pretty soon.

"It's been a three-year journey to be honest, but in the end the people concerned were all acting with the idea of, 'this is a great oval, it's a great opportunity for footy, let's do the right thing'.

"That sentiment has prevailed and I think we're in pretty good shape."

Fagan agreed, telling AFL.com.au the Crows were content with how the negotiations were progressing.

“Significant progress was made prior to Christmas and although negotiations are yet to conclude, we are hopeful that the matter can be resolved very soon,” Fagan said.

“It is a complex issue but I am now hopeful that all parties will be able to walk away comfortable with the outcome.”

Twitter: @AFL_Harry