Monday, November 14, 2016

Study details economic benefits of planned new Roma stadium (The Associated Press)

Roma's planned new stadium would deliver nearly 20 billion euros ($21.7 billion) in additional revenues to the Italian capital over the next decade, according to a university study. According to the Sapienza University study, the privately financed 1.6 billion euro ($1.7 billion) project would also increase Rome's Gross Domestic Product (GDP) by 18.5 billion euros ($20 billion) by 2026. James Pallotta, Roma's American president, first presented the stadium plan in March 2014, saying then that it would be ready for the 2016-17 season.

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