Does anyone think that we need a new arena ? obviously not something as big as the o2 In London but something bigger and more 21st century In cardiff bay? just out of curiosty Plus would bring something new to the bay if it did happen :)
The proposed convention centre (going down the bay or in Callaghan Square) is to be part of a bigger scheme to create a 12,000 seat indoor arena. With that on the horizon I can't see them building another arena in between it and the size of the Motorpoint, especially with the WMC, St David's Hall and even the new Ice Rink on offer
I think that if such arenas (with an appropriate rate of return for the private investors)were so bankable, then we would have had one by now, be it in Bristol or in Cardiff.
I can therefore only conclude that they aren't (without a sizeable input from the public purse), so (if the public purse strings are restricted), I'm not holding my breath for any announcement on one any time soon.