World Cup 2010: Completed Soccer City Stadium R1 Billion Over Budget

Soccer City aerial view - Johannesburg

Johannesburg authorities have said the venue for the World Cup final, Soccer City Stadium, went over-budget.

Johannesburg city councilman, Parks Tauk, said this week that Soccer City Stadium ended up costing R3.2 billion (€320 million), R1 billion (€100 million) over the initial budget due to the rising price of building materials, according to SuperSport.

The stadium, which will host the opening and closing matches of the June 11 to July 11 World Cup, was handed over to the city on Wednesday by the Aveng construction group.

With 97 days before kick-off, work on transport infrastructure around the stadium is scheduled for completion in mid-March.

The stadium is a unique African venue, and it will be one of the proud images of the 2010 World Cup in South Africa.