Tag: cost

Cost of Macquarie Point Stadium rockets

Article posted by Coliseum, June 2^nd, 2025

The cost of the proposed multi-purpose Macquarie Point Stadium in Tasmania, Australia has rocketed to A$945 million, the state government has revealed. Pulse Tasmania said the new figure was released as draft legislation was unveiled to fast-track the project in Hobart. The new price tag marks an... » Read more

Goldman Sachs to help Barça lower venue debt

Article posted by Coliseum, April 1^st, 2025

The LaLiga team FC Barcelona has hired the investment banking company Goldman Sachs Group Inc. to explore ways to reduce the cost of the debt used for the ongoing revamp of the football club’s historic home ground – the Spotify Camp Nou Stadium in Barcelona (Spain) – according to people... » Read more

Flamengo venue project ballooning price tag

Article posted by Coliseum, March 13^th, 2025

The Brazilian professional football team CR Flamengo (Brazil) has revised the estimated cost of its new stadium project to R$3 billion ($500 million) up from an initial R$1.9 billion ($317 million). However, the technical and financial studies which are presently underway will help to peg the exact... » Read more

SportLifeCity report on AC Milan home cost

Article posted by Coliseum, December 1^st, 2023

SportLifeCity, the company that owns the land for the Serie A club AC Milan’s new stadium to be built in the suburb of San Donato in Milan, Italy, submitted a 300-page report to the Council recently. ‘la Repubblica’ stated that the report estimates the cost of the stadium at €451 million,... » Read more

Pandemic-delayed Tokyo 2020 cost whopping

Article posted by Coliseum, January 4^th, 2023

The cost of the delayed 2020 Tokyo Olympics is 20 percent higher than what organizers said when they announced official figures more than a year ago, according to a report by the Board of Audit of Japan. ‘abcNEWS’ stated that the report, which was released recently, said there was a lack of... » Read more

Singapore Sports Hub change of guard

Article posted by Coliseum, August 5^th, 2022

The full cost of terminating the public-private partnership (PPP) for the Sports Hub (Singapore) is projected to be S$2.3 billion, said Minister for Culture, Community and Youth Edwin Tong in Parliament on August 1st. ‘cna’ quoted Tong as stating in a ministerial statement about the sporting... » Read more

Paris 2024 Olympics cost skyrockets

Article posted by Coliseum, August 4^th, 2022

The Paris 2024 Olympic Games are two years away, but concerns over rising costs and the event’s security are already mounting. ‘Bloomberg’ stated that the total price tag of the Games has already increased to about 8.3 billion euros ($8.5 billion) including facilities and organization, from... » Read more