Sports Village Funding Hit by Pounds 55m Short Fall

Summary


THE next phase of the International Sports Village is almost certain to be delayed, Cardiff council leader Rodney Berman has admitted.

Astart date forwork on the planned 8,000-seater arena and an iconic Las Vegas-style water feature has been left in doubt because of a pounds 55m funding gap for phase two of the ambitious pounds 600mscheme.

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Extract


Sports Village Funding Hit by Pounds 55m Short Fall

The pounds 44m arena and pounds 10m water feature were intended as two of the key attractions.

But phase two developer Orion Land and Leisure has told the council there is not enough money in the project to complete thes...

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