Sport and music enthusiasts who have purchased resold tickets have injected a staggering £733 million into local businesses that support live events.

An economic impact assessment revealed that 7,736 full-time equivalent jobs were sustained by purchases made through secondary ticket platforms.

The secondary market, by facilitating the resale of seats that might otherwise remain vacant, contributes an impressive £629 per seat in non-ticketing expenditure to the economy, filling a revenue gap…