Spartak Moscow owner says new stadium to cost $426m

Otkritie Arena

By Jaroslaw Adamowski
January 2 – Russian billionaire Leonid Fedun has announced that the new stadium currently being built for Spartak Moscow will cost 14 billion rubles ($426 million). Fedun told local news agency ITAR-TASS that Spartak is already receiving funds for the investment from its sponsor, Russian bank Otkritie, under a naming rights deal signed in February 2013.

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