Sustainability analysis of a newly constructed stadium for the 2010 FIFA World Cup compared to the upgrade of an existing stadium

Abstract

In preparation for the 2010 FIFA World Cup it was decided that a few new stadiums were to be constructed whilst other stadiums would be upgraded. The aim of this study is to compare the sustainability of a newly constructed stadium with that of an upgraded stadium. For that purpose the total capital outlay, operation and maintenance costs as well as the estimated future income for each stadium will be evaluated. The abovementioned information will then be used to determine if and when these costs will be recovered. As a result the sustainability of each stadium can be determined in order to conclude if the construction of a new stadium or the upgrade of an existing stadium would be more favourable.