Zenit Arena now costs as much as world’s most expensive Wembley

Zenit Arena now costs as much as world’s most expensive Wembley
Zenit Arena stadium vs. Wembley stadium

In addition to the officially declared cost of 41 billion rubles, the website featuring procurement info also has some 10-billion contracts yet to be paid off.

The real cost of Zenit Arena stadium in St. Petersburg has exceeded 50 billion rubles, Rosbalt was told by Dmitry Sukharev, the executive of Transparency International in St. Petersburg.

He said that 40 billion 334 million rubles have been paid to the contractors so far. However, the procurement website features some contracts that have been signed but not paid off yet. They are worth over 10 billion rubles. Most of the outstanding contracts (8 billion rubles) are intended for Metrostroi. Therefore, the St. Petersburg’s stadium now costs as much as London’s Wembley, while the British sports arena took just 4 years to build, accommodates 90 thousand people and is considered one of the most expensive stadiums in the world.

The Russian stadium has been under construction since 2007. The initial cost had amounted to 6.7 billion rubles. It will accommodate 67 800 spectators.

Late in December 2016 it was announced that the stadium had been finished and its final cost officially reached 42 billion rubles.

However, Zenit Arena was not to open until March 31, 2017. The contracts to be paid off may eventually cost either less of more, so we shall see the actual cost only after all of them are closed.

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