2016 - 2017

2016 - 2017

Friday, October 20, 2006

Wembley Stadium...Ready For The Next FA Cup Final

Looks like the 'When Will Wembley Stadium Be Finished Saga' is finally heading for a conclusion. It should be the venue for the 2007 Cup Final all being well.

Remember these words from the WS website:

"How much will the new stadium cost? The entire Wembley Stadium project will cost £757 million, including WNSL's contribution to the redevelopment of local transport infrastructure. "

"How do these costs breakdown? • The purchase of the land and early design fees cost £120 million.• The basic cost of building the stadium is £352 million • Demolishing the old stadium and fitting out the new will cost £99 million.• The contribution to local infrastructure improvements is £21 million.• Financing the project, management and other costs amount to £165 million."

"What is the possibility of cost over-runs and who would be responsible? The contract with Multiplex Constructions UK is fixed-price. The cost of any overruns will be borne by them. "

A s we all know there has been an overrun with the Aussie construction firm Multiplex, and Wembley Stadium blaming each other.Multiplex were looking for £100m over and above the fixed contract price of £458 to finish off the work.Reluctantly the FA are now to pay a compromise additional £40m to the firm for final work. Final price tag in excess of £800m.

Am I the only one to be just a little concerned about everything being ready for the Olympic Games in 2012??

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