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Are Edinburgh mega gigs from Oasis a boon or a curse? The figures don't add up

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Wonderwallet

As you probably know, Oasis are due at Edinburgh’s Murrayfield Stadium in August for three concerts which will bring 200,000 fans to the west of the capital. Now new research by financial firm Novuna has totted up the potential economic windfall. “Edinburgh is set to gain significantly from its shows,” says the report. “With fans expected to stay longer and spend more per visit, the city could see £124 million in total spending.”

Ker-ching.

Perhaps we should take that sum with a pinch of salt, though. Here’s why: in its Economic Impact Of The Edinburgh Festivals report of June 2023, creative industries consultants BOP Consulting estimated that the Edinburgh Festivals contributed £492 million to the capital’s economy.

So does that mean that over the course of three days and three concerts, a mere 200,000 Oasis fans will deliver around a quarter of the total sum it would ordinarily takes three weeks, thousands of shows, tens of thousands of performances and four million potential punters to accrue? It seems hard to credit.

Then again, maybe it’s in the food and drink spend that the answers lie. If previous experience is anything to go by, that sum could indeed be considerable. Here’s a flavour of the, er, atmosphere in the city in 2009, the last time Oasis visited Murrayfield. “There were folk spewing up in the........

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