Quote:
Originally Posted by Elrazor
Donna Cullen stated specifically in a Q&A this week the stadium is costing £350-400m. The rest of the Northumberland Project is the balance, consisting of 600 homes and a hotel.
One would assume the hotel and housing are self-financing (or why build them). the football club are therefore on the hook for max £400m, of which iirc £200m has already been paid, and I would guess the remaining £200m will come from a 10-15 year naming rights deal.
£350-400m feels a little low considering they've gotten something like £400m in financing plus some credit plus they've probably spent some money themselves. and the housing/hotel part is still being planned. it probably also depends a bit on how you divide expenses between the stadium and the overall project though.
selling naming rights for 200m (barca are getting apparently getting €300m for 20 years for their new stadium+arena+surroundings project) isn't going get you all the money today either
but yeah they're going to be fine