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Scottish Side Heart Of Midlothian's Main Stand Expected To Cost £15M

Scottish Premiership side Heart of Midlothian Owner Ann Budge revealed the final cost of Tynecastle Park’s new main stand will reach £15M ($20M), according to Barry Anderson of the SCOTSMAN. Budge told shareholders at Tuesday’s annual general meeting that "anonymous benefactors have agreed to provide" an extra £1.5M ($2M) to help with the project. The initial cost to rebuild the stand was expected to be £12M ($16M), a figure revised to £14M ($18.7M) earlier this year. Budge confirmed that stadium redevelopment "is now expected to total" £15M. Benefactors were initially giving £3M ($4M) toward the cost but will now contribute £4.5M ($6M) in total by the time work is finished at Tynecastle next summer. Budge predicted that the new stand will earn Hearts roughly £1M ($1.3M) in extra income per year. There are "no plans at the moment to rename the new stand through sponsorship but this has not been ruled for the future." The club still hopes to replace the Tynecastle pitch next summer with a hybrid surface similar to the one at Murrayfield. Budge explained that the price for this will be between £850,000 ($1.14M) and £1M (SCOTSMAN, 12/19).

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