Sydney to construct $2 billion stadium

Sydney's two main rectangular stadiums, the Olympic Stadium and Sydney Football Stadium, are to be demolished and rebuilt at a cost of around A$2 billion ($1.53 billion), the New South Wales government announced on Friday.

The Olympic Stadium will be replaced by a 75,000-seater structure, possibly with a roof, at a cost of A$1.5 billion starting in 2019, with the construction of the new SFS getting underway next year and scheduled for completion by 2021.

The new SFS will have two modes, a 30,000-seat "club" layout with a screen masking the top tier of seats which would be removed to allow 15,000 more fans to watch marquee football and rugby matches.

Rugby Australia chief Bill Pulver said that with a 30,000-seater stadium already under construction in Parramatta, two more state-of-the-art venues would only improve the country's chances of attracting major international events.




UCJ, UNILORIN.