GOVERNMENT TURNS ON ZENIT'S STADIUM

Russian Prime Minister Dmitry Medvedev has cut handouts for Zenit St. Petersburg's new stadium.

Medvedev has said the construction of Zenit St. Petersburg's new stadium "looks disgraceful" and stated loans will still be available for the project but there will be no more government cash handouts.

ZSP currently play at Petrovsky Stadium after moving out of their long-time home the Kirov Stadium, to make way for the new facility.

The stadium, originally planned to be finished in 2008, is outlined as a 2018 World Cup host stadium but remains unfinished and wildly over budget at a reported 29 billion rubles (£558 million).

Dmitry Medvedev said: “It’s not just a long build, it looks disgraceful. It’s not right just to come to the Russian Federation budget and say ‘give me extra money’.”

The stadium, with a planned capacity of 68,000, is expected to be completed in 2014 according to the head of Russia's World Cup organizing committee Alexei Sorokin, although other reports have claimed 2017 is a more accurate year of completion.

 

Posted on 03/09/2012