RCD Espanyol’s venue during its time known as Stage Front Stadium
Featured image credit: RCD Espanyol de Barcelona/CC BY-SA 4.0/Edited for size
Stage Front has fired back at RCD Espanyol, claiming that breach of contract in specific relation to ticket sales was behind the termination of the its stadium naming rights deal.
Espanyol, which was last season promoted back to the LaLiga top division of the Spanish game, last week announced the termination of its five-year partnership with US ticketing technology Stage Front citing non-payment and breach of contract.
The Barcelona-based club said it was also taking legal action against Stage Front as it seeks money it claims to be owed. The deal, announced in June 2023, was reportedly worth a minimum of €1m (£845,317/$1.08m) per year but was said to be set to rise to closer to €2m following Espanyol’s return to LaLiga.
In a statement reported by multiple Spanish media outlets, Stage Front has now responded on the matter stating it was forced to terminate the contract on June 14 in specific relation to breaches of terms connected to ticketing sales for what was formerly known as Stage Front Stadium.
Stage Front said: “It was Stage Front, on June 14, 2024, that was forced to terminate the contract based on the essential breach… by the RCDE.
“More specifically, on the breach of the obligation to allow the sale of a minimum number of tickets at an equally minimum price of around €50, exclusively through Stage Front’s ticket sales technology platform, something that was part of the essential agreement by which Stage Front agreed to formalise the contract with the RCDE.”
Read more on TheStadiumBusiness.
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