Clash at the Castle government subsidy amount revealed

[Chris]

An April 2023 press release inadvertently revealed how much WWE received in Welsh government subsidies for last September's Clash at the Castle pay-per-view in Cardiff.

First reported by Wrestlenomics, the release stated that the 2022 event "delivered a massive 10:1 return on investment by channelling £21.8 million back into the Welsh economy." That is just under $28 million USD.

That implies the cost paid by the government to bring WWE to Cardiff was one-tenth of that which would be roughly $2.8 million USD.

By comparison, WWE received $1.5 million cash and a non-monetary contribution of $300,000 (the cost of running the venue) from the government of Puerto Rico for bringing this past May's Backlash and that weekend's SmackDown to San Juan.

In October, the Welsh government declined to answer how much they paid WWE.

In the past, WWE CEO Nick Khan has said WWE will look to gain subsidies for their PPV/PLEs.

One example, as Wrestlenomics pointed out, was the city of San Antonio, Texas, who won the rights to bring in this past January's Royal Rumble in what was called a "competitive bidding process." They declined to answer Freedom of Information Act requests about their financial commitment due to their desire to bid for WWE events in the future and that by divulging the information, it would make it more difficult for them to win.

https://www.f4wonline.com/news/wwe/wwe-received-nearly-3-million-in-welsh-government-subsidies-for-clash-at-the-castle

 

[Dale]

Good business for all parties involved then Hopefully they don't wait too long to bring another one back, having the closed roof gives them full flexibility for the event being anywhere on the calendar.

 

[Deezy]

Cities are paying them to run shows.......They are on an unreachable level.