Liam and Noel Gallagher are predicted to make a staggering amount of money from their Oasis reunion tour.
And a lucrative deal with a huge business could see them rake in even more with an exclusive line of merchandise.
The Britpop band announced a series of dates in London, Manchester, Cardiff, Edinburgh and Dublin next July and August.
As fans scrambled to get tickets, those who weren’t lucky enough to snag some can still get their hands on two exclusive new T-shirts, in collaboration with Amazon.
The online retailer’s Oasis merch store has released a black T-shirt, with a photo of Liam, Noel, Paul ‘Guigsy’ McGuigan and Tony McCaroll and a white T-shirt which features the band’s Definitely Maybe album cover.
Liam and Noel Gallagher are predicted to make a staggering amount of money from their Oasis reunion tour
Along with the new T-shirts, which are on sale for £24.99, there’s also two vinyl bundles, one deluxe 30th anniversary edition of Definitely Maybe and another printed on a pink and white ‘strawberries and cream’ disc.
The Oasis reunion tour is set to give the UK economy a ‘supersonic’ boost with soaring demand for accommodation and hospitality in cities hosting gigs, experts have said.
Hotels, pubs, bars and restaurants near venues hosting the concerts are all now set to benefit from fans wanting to make the most of the band’s hotly-anticipated return.
Payment provider SumUp estimated today that the tour will boost the UK and Irish economy by £350million, adding that each fan will spend about £350 per concert.
Aside from the ticket and merchandise spend, the firm projected an overall spend of £112million on travel, £76million on hotel rooms and £22million on food and drink. It also estimated that the total capacity across all tour venues would be 1,007,888.
Average travel costs of £111 are expected per person, plus hotel rooms priced from £111 in Cardiff to £158 in London based on two adults sharing, £40 on merchandise and £22 on food and drink at the venue – on top of an estimated £100 cost per ticket.
Research by analysts from Barclays predicted earlier this summer that the American pop star could bring a £1billion boost to the UK – although experts said today that spending by Oasis fans would be high but ‘might not reach those heady heights’.
Ticket prices will be released this Thursday before going on sale on Saturday at 9am, with the Manchester Evening News reporting that they are expected to be priced at more than £100 and possibly near the £140 mark, but this is not yet confirmed.
Tickets for Liam’s Definitely Maybe tour this year were between £53 and £108; while those for Noel’s High Flying Birds gig in Wigan last month were from £60 to £110.
A lucrative deal with a huge business could see them rake in even more with an exclusive line of merchandise
As fans scrambled to get tickets, those who weren’t lucky enough to snag some can still get their hands on two exclusive new T-shirts, in collaboration with Amazon
And research by MailOnline has found some hotels have quadrupled rates for when Oasis gigs are scheduled, with fans having to pay nearly £700-a-night for rooms.
Music industry expert Professor Jonathan Shalit said the reunion would gross more than £400million, with an income for Noel and Liam of more than £50million each.
Thomas Pugh, an economist at RSM UK, said the tour will ‘undoubtedly be a phenomenal sellout, which will also cause a spike in demand for accommodation and hospitality in those cities lucky enough to be hosting a gig.
‘This potentially presents a very profitable opportunity for the hospitality industry, especially hoteliers.
‘For example, Taylor Swift and the Foo Fighters saw hotel prices in Cardiff, which will also host an Oasis gig, rise by up to 500 per cent.’
Sacha Lord, night time economy adviser for Greater Manchester, estimated the band’s run in the city would benefit the city’s economy by more than £15million.
‘The impact of welcoming 80,000 people each night for the four planned gigs at Heaton Park cannot be underestimated,’ she said.
‘Events aren’t just about ticket sales, they have huge impacts on the local area and our hotels, pubs, bars, restaurants will all see the benefit, including extra hours for staff, as well as renewed global attention on the region and its cultural history.’
Meanwhile music expert Kevin McManus has claimed the battle for Oasis tickets will ‘absolutely dwarf’ that seen for Swift.
More than 4 per cent of the population applied for tickets to see Oasis at Knebworth in 1996, the largest ever demand for concert tickets in UK history.
Some 250,000 people got to see the band over two nights – also a record – but Oasis could have sold out a further 18 shows at the Hertfordshire venue.