Think of a number.
The cost of building the new 92,000-seater Wembley Stadium is becoming something of a sick joke, and comparisons with the ill-fated Millennium Dome are, not surprisingly, being drawn.
The cost of building the new 92,000-seater Wembley Stadium is becoming something of a sick joke, and comparisons with the ill-fated Millennium Dome are, not surprisingly, being drawn.
Latest information puts the total bill at a staggering £750m, making it arguably the most expensive sporting stadium ever to be built – anyone who has tried to buy a house in London knows how expensive it can be.
But the cost of building a new national football stadium smacks of the ridiculous.
Consider this: the City of Manchester Stadium, used to host the recent Commonwealth Games and now being converted into a 48,000-seater for Manchester City Football Club cost £110m to build, while Cardiff’s 72,000-capacity Millennium Stadium, which has substituted for Wembley since 2000, cost a measly £121m.
And speaking of cost-cutting – Sunderland FC’s 48,000-seater Stadium of Light cost a paltry £23m!
But an even more frightening scenario awaits: in October 2000, the cost of the stadium was put at £660m, in July this year it had risen to £715m.
Now it’s £750m. If politicians continue to squabble over Wembley for much longer, the prospect of the first ever £1bn football stadium does not seem like a far-fetched idea!
The numbers you crunch tell a story. Your expertis...
22yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article