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August Update – “Keir Starmer backing for Casement Park redevelopment – too much risk to the public purse”
In a report dated 30 July 2024, The Times newspaper reported that newly installed Prime Minister Sir Keir Starmer has told UEFA officials that he backs a “£310 million bailout” for the currently derelict Casement Park GAA stadium in Andersonstown, to support the hosting of Euro 2028 matches in Northern Ireland. It is unclear from the media reports exactly how much money might be provided by the British government. With an estimated total cost of £310 million, the Casement Park project faces a shortfall that is currently estimated at over £200 million. The problem is that Sir Keir’s reported backing…
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Revealed: document that may sink Maze stadium
An interesting article in the Belfast Telegraph from 2008 revelealing the hidden costs that stopped the development of the Maze Stadium Project. The controversial Maze stadium project is now looking doomed — after a confidential report revealed it would cost more than three times the original estimate. The Stormont memorandum — which was leaked to the Belfast Telegraph — calculates that the cost of the arena would top £379m over the next seven years. And that, according to the conclusions of the official document, would not represent good value for money. https://www.belfasttelegraph.co.uk/sport/football/irish-league/revealed-document-that-may-sink-maze-stadium/28389317.html
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The European football clubs turning stadiums into cash cows
https://www.ft.com/content/faeff9d5-d803-4cf8-9cd9-961ff1557540 When work is finally completed on the four-year renovation of Real Madrid’s iconic Santiago Bernabéu stadium early this year, it will boast two important new buttons. One triggers the new retractable roof, able to close in just 15 minutes, that will protect future concert goers from the elements as they enjoy top international music acts. Taylor Swift is booked to play in May. The other button begins the five-hour process that splits the stadium’s football pitch into six sections and sends it to a vast underground storage space, where light, temperature and humidity controls provide optimum conditions to maintain…