How Much Does It Cost To Build A Soccer Stadium?

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How Much Does It Cost To Build A Soccer Stadium?

June 24, 2019, by Asher K

Sports

Cost To Build A Soccer Stadium

There is no doubt that soccer is one of the most popular sport in the world, with avid, die-hard fans found all over, in every nook and corner of each country, some of whom, love nothing more than supporting their favorite club, even if it encompasses dishing out large sums of money for a ticket. If you’ve ever attended a football game, you’d know that it is more than just a sporting event. It’s an experience unlike any other, where the passion, excitement, and love for the sport is palpable. There is a lot of money that goes into giving fans the best live viewing possible, and so, the amount of money invested into building a stadium may come to no surprise to you.

The cost of building a world-class soccer stadium for major sporting events can run up to hundreds of millions and sometimes even billions of dollars. The Krestovsky Stadium or the Saint Petersburg Stadium in Russia, for example, that was built last year for the FIFA World Cup, reportedly cost around $1.1 billion to construct, making it one of the most expensive stadiums in the world. It took years to build, and was initially estimated to cost around $248.9 million, but ended up being more than 500% over budget. But with all the allegations of corruption surrounding the entire event, it is estimated that true cost surpassed the official declared statement.

The massive Wembley Stadium, home to the Tottenham Hotspurs, that can hold a whopping 90,000 people, has costed a total of $1.4 to build and maintain and contains eight restaurants, 34 bars, 98 kitchens, and 688 food and drink service points and 2,618 toilets.

According to reports, Supreme Committee for Delivery and Legacy (SC) Secretary General Hassan Al Thawadi stated that Qatar would spend a total of $8 billion to $10 billion on the setting up of the 9 new world cup stadiums, plus the renovation of 3 for the tournament that is to take place in 2022. According to proposals, the stadiums will be zero-carbon emitting and climate controlled.

A lot goes into building a soccer stadium. Architects and engineers have to focus on more than just maximum capacity. To attract fans, most modern stadiums are filled with a multitude of amenities, from bars to hotels and shopping complexes. This would undoubtedly drive labor and material costs up to the roof, but at the end of the day, with the amount of revenue generated from football matches, the investments seem to be worth it.

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