The cost of Wembley

The cost of redeveloping Wembley has soared

The new Wembley is expected to cost a staggering £750m, making it the most expensive sporting arena in the world.

Years of political wrangling and funding delays have pushed the price of building the new stadium through the roof.

  Cost of other stadia

Stadium Australia: £340m

Stade de France: £480m

Yankees Stadium: £687m

The £750m cost of redeveloping Wembley is in stark contrast to the £190m spent to build Cardiff's impressive Millennium Stadium.

The real price of stadia

Rival bids from Birmingham and Coventry were also half the price now being put on a new Wembley.

The breakdown of costs for the new Wembley project is as follows:

• £325m to build the stadium
• £120m to buy land
• £50m for improving infrastructure
• £23m for demolition
• £40m for development costs
• £80m in financing costs

Fees to bankers and lawyers alone are reported to add up to £82m, double the cost of building a stadium for a First Division club.

About £170m has come from public money, comprising £120m from the National Lottery and £50m from the Government and London Development Agency.