Want to make a 'Live' album


New member
Well, not really Live, but I want to make a studio recording to sound like it's a live concert. Hope I'm not infringing any copyright, I already have 'hired' some fans from a (won't say which) soccer pc game, and use the spectator sounds for my album.
Any tips and suggestions? How should I pan the instruments? What type of reverb should I use for the fans? Basically, what are the differences between a Live and a studio recording?