England: £1 billion for St James' Park expansion?
source: StadiumDB.com; author: Paulina Skóra
According to reports from The Telegraph, Newcastle United could spend up to £1 billion if it proceeds with plans to redevelop St James' Park. One of the options being considered is the expansion and renovation of both the East Stand and the Gallowgate End.
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This solution could increase the stadium's capacity to over 60,000 seats. The proposal also includes modernizing the Milburn Stand and the Leazes End. The total cost of the project is estimated to range from £800 million to £1 billion. If the club decides to stay at St James' Park, it will need to extend the lease on the stadium, which is set to expire in 70 years. Since Newcastle is one of the host cities for UEFA Euro 2028, the redevelopment must take place next year to ensure the stadium is ready in time for the tournament.
Or perhaps a completely new stadium?
The Telegraph also reports that an alternative option for Newcastle is building an entirely new stadium, with Leazes Park being the most likely location. This park is situated next to St James' Park and would allow the club to continue playing in the city center. In February, Mail Sport revealed that Newcastle purchased land just behind St James' Park with the intention of further developing the area around the stadium. This plot was sold four years ago by the club’s former owner, Mike Ashley, to private developers Helios Real Estate and Marrico for £9 million, and it was recently acquired by Reditum Capital.
Other locations may also be considered if the club’s owners, the Saudi Arabian Public Investment Fund (PIF), decide that a different option is more viable. However, it is expected that a new stadium would be more expensive, with costs estimated between £2 billion and £3 billion. This idea may also face opposition from local communities who want to protect green spaces in central Newcastle, likely causing delays in the construction process.
Once a decision is made, the club is expected to discuss its preferences with the supporters’ council before making any public announcements. A Newcastle spokesperson told The Telegraph that no decision has been made yet and all options are still being considered.
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