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Second Bundesliga Club Dynamo Dresden To Receive Financial Support From City

04 / 18 / 14

Second Bundesliga club Dynamo Dresden "will once again receive financial support toward its stadium rent and financial relief from the city of Dresden," according to the SID. A city council proposal calls for an additional €500,000 ($692,000) on top of the €1.12M ($1.55M) the club already ...

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Tags: Facilities, Europe

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Zenit Stadium Price Tag Reduced

St. Petersburg's construction committee said that Russian Premier League side Zenit’s long-delayed football stadium will cost about $1.1B, "slightly less than previous estimates," according to R-SPORT. The latest number "is a speck of good news for the much-maligned project, which has been pla ...

Tags: Facilities, Russia

Cheltenham's $65M Redevelopment Plan

Plans for a £45M ($68M) redevelopment of England's flagship Cheltenham Racecourse "have been revealed by the Jockey Club," according to Bill Wilson of the BBC. The proposed development "would create a state-of-the-art new grandstand in place of the current 'A&R' block, built in the 1 ...

Tags: Facilities, United Kingdom

Botafogo To Suffer From Stadium Closure

Rio de Janeiro's João Havelange stadium tenants Botafogo "will seriously feel the financial damage" from the decision to shut down the stadium due to roofing issues, according to Perazzini & Borges of LANCE NET. Engineers have estimated that a solution for the roofing problems will take a ...

Tags: Facilities, Brazil

Gloucester City To Share Whaddon Road

English semi-pro club Gloucester City "will continue to share Cheltenham Town's Whaddon Road stadium next season," according to the BBC . The Blue Square Bet North club's Meadow Park ground "was destroyed by flood" in '07. The Tigers were paying £40,000 ($60,600) a year for the grounds ...

Tags: United Kingdom, Facilities

Rio's João Havelange Stadium Closed

Rio de Janeiro's João Havelange stadium "has been closed due to problems in the structure of the roof," according to Curvello & Raimundi of GLOBO . The news comes "six years after the stadium's inauguration." The arena cost R$ 376M ($ 186M ) when it was built. The company responsi ...

Tags: Brazil, Facilities

ESPRIT Cancels Naming-Rights Deal

Clothing company ESPRIT "has canceled its naming-rights sponsorship deal for the arena in Dusseldorf, home of Bundesliga club Fortuna Dusseldorf, effective April 30," according to the EXPRESS. An ESPRIT spokesperson "confirmed the contract termination, but did not reveal any additional information." ...

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Trump Vows To Fight Wind Farm

U.S. billionaire Donald Trump "pulled the plug on any future investment" on his £750M ($1.1B) golf resort in Aberdeenshire, Scotland after the government approved a "monstrous" offshore wind farm, according to Frank Urquhart of the SCOTSMAN. Trump, however, vowed to spend "whatever it takes" t ...

Tags: Facilities, United Kingdom, North America

AFL Won't Fund Victoria Cricket's Exit

Australian Football League CEO Andrew Demetriou has refused to help fund cricket's proposed exit from the Melbourne Cricket Ground, "despite top-level talks putting pressure on the AFL to contribute" to the A$15M ($15.6M) shortfall needed to send the Sheffield Shield to a new home, according t ...

Tags: Facilities, Australia

Grounds Could Return As AFL Venues

Australian Football League CEO Andrew Demetriou confirmed that "two suburban grounds from a bygone era, Carlton's Visy Park and Richmond's Punt Road, could re-emerge as boutique venues," according to Jon Pierik of THE AGE. Whether this "is a ploy to put pressure on Etihad Stadium to sell the venue t ...

Tags: Facilities, Australia

West Ham Makes Olympic Move Official

EPL West Ham United will move into London's Olympic Stadium beginning in '16 after a deal on Friday that makes the venue "a lasting part of London's sporting scene but drew criticism over the cost to taxpayers," according to Keith Weir of REUTERS. The agreement should "settle a long-running saga" ov ...

Tags: Facilities, United Kingdom

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