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Cost Of Building Stadiums In Russia Comparable To European Rates, Study Finds

A comparison of stadium build costs for five of the Russian stadia for the 2018 World Cup, against the cost of football stadiums across Europe, has found that the Russian stadia are coming in at a "comparatively equal cost and half the price of London's Wembley Stadium on a cost per seat basis," according to Paul Nicholson of INSIDE WORLD FOOTBALL. The research was commissioned by Russia's Sport Engineering, "which is contracted to build seven stadiums for the 2018 World Cup." The five Russian stadia used are "all planned 45,000-seat capacity and in Volgograd, Nizhny Novgorod, Rostov on Don, Saransk and Samara." The survey notes that the cost of materials in the construction of stadiums from '04-12 was lower than from '15-17, and that "different climate and ground conditions also impact on cost." The "major impact on cost facing Russian builders is the price of materials, particularly those sourced from overseas," where the value of the ruble has "plummeted with the drop in the global price paid for oil and economic sanctions against Russia by the west." Some contractors have "already reported major shifts in their sourcing from overseas companies to Russian domestic providers." The impact of the falling ruble has also "reduced the number of foreign workers" from Russia's neighboring countries (INSIDE WORLD FOOTBALL, 1/22).

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