Wednesday, May 26, 2010

Russia Proposes $340 Million Investment in Stadia for 2018/2022 Cup

Russia is expecting to invest about $340 million on new stadia if it wins the right to host either the 2018 or 2022 World Cups.

"Sufficient funds have been allocated by the government for the reconstruction of existing bases, pitches, and infrastructure," [Russian Football Union head Sergei Fursenko] said. "Around 340 million until 2015 is expected to be spent on these needs."

He added that 13 new stadiums would be built for the tournament, and that even if Russia was unsuccessful in its bid, "we will build six stadiums in any case."

Russia to invest $340 million in football infrastructure
May 18, 2010