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Tickets to next year’s Super Bowl XLVIII at MetLife Stadium in New York City will cost double compared to last year.

The NFL is about to approve a plan that will see Club-level seats to the New Jersey venue cost $2,600 each.

In 2012, the most sought after tickets to the game went for $1,250.

That’s more than double the price of the most coveted tickets from last year’s game, which went for $1,250.

The price hike will affect roughly 9,000 tickets. However, the aim is for 30% of tickets to cost less than $800.

The second cheapest batch of seats is due to cost around $1,500 – up from $950 in the Big Easy.

The NFL has explained the drastic price hikes by stating the rise simply brings the tickets more into line with their market value.

All Super Bowl tickets usually sell for well above face value on the secondary market.

Tickets to next year’s Super Bowl XLVIII at MetLife Stadium in New York City will cost double compared to last year

Tickets to next year’s Super Bowl XLVIII at MetLife Stadium in New York City will cost double compared to last year

“We are looking to close the gap between the face value of the ticket and the true value of a ticket to what has become the premier sports and entertainment event,” NFL spokesman Brian McCarthy said.

It’s not all about raising costs, however, the NFL has said it is dropping prices for the cheapest seats to $500 next year from $600 in 2013.

Last year’s premium tickets that officially cost $1,250 sold for $6,000 and over according to the Wall Street Journal.

The Super Bowl is an odd occasion in some ways because even the most ardent fans don’t usually get the chance to buy tickets directly for their face value.

The two participating teams get 17.5% of available tickets (about 14,000 each), and the league gets to distribute the remaining 25% to sponsors and partners.

All 32 teams get a set number of tickets that they distribute to season-ticket holders via a lottery.

It means that most spectators at the game will have bought their tickets on the secondary market.

The NFL is arguing that if people are prepared to pay extortionate prices on that secondary ticket, then the organization that hosts the Super Bowl should be entitled to take a bigger share also.

The organization says it has done its own research about how much the tickets are really worth.

Many $600 tickets resold for close to $2,000 whilst premium club seats ended up selling around the $6,000 mark.

And just like everything else in New York, officials are arguing that the 50 million people living near next years northeastern venue can afford to shell out a bit more.

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People in Saudi Arabia are using social media websites to protest against a sudden increase in the cost of chicken.

A Twitter campaign entitled Let it Rot is urging residents to punish traders, who it says have raised prices by as much as 40% in the past two weeks, by not eating chicken.

The government has imposed a chicken export ban in a bid to boost supplies.

However, there are fears that this could cause regional shortages as the Gulf Kingdom is a leading producer.

In July, the soaring price of chicken in Iran sparked a huge online debate and unprecedented protests in one provincial town.

A key factor in the poultry price hike was the imposition of Western sanctions on the country’s banking system – not something that has affected Saudi Arabia.

Saudi Agriculture Minister Fahd Balghunaim said that the rising cost of chicken was the result of a major shortfall in production, with local suppliers able to meet only 45% of the demand in the kingdom. He also blamed a 30-40% increase in the price of animal feed.

In an effort to increase supplies and reduce prices, the government has announced an export ban and added chicken to a list of commodities that must be available at a reasonable price, the Financial Times reports.

In the meantime, supporters of the Let it Rot campaign have posted pictures of what they say are piles of unsold chickens in supermarkets. They have also posted cartoons showing chickens reading newspapers because no-one was buying them.

“Wholesalers are sending chickens to other Gulf markets and ignoring our local markets,” Fahd from al-Khobar wrote on Twitter.

Hassan al-Sai asked: “Why people are left to face traders and are forced to boycott? Isn’t it the government’s role to protect consumers and stop speculators?”

Saudis regularly use social media to express their discontent in a country where political parties, unions and protests are banned.

Last year, the government forced the dairy group Almarai to cut dairy prices following a campaign on Twitter and YouTube calling for a boycott.

 

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