- Jun 15, 2007
£850m is roughly what it should have cost. I think Multiplex quoted a build cost roughly in that ball-park (fixed price) and also stated that there was no chance it would be completed by December 2018.You don't get an original budget of around £450M growing to £850 by the time the final phase of construction began and coming in somewhere between £1-1.2B without a few stories like that being true.
Mace low-balled (not a fixed price quote though) and claimed they could have the stadium ready for the start of the 18/19 season. Levy went with the cheap (but not fixed price) option that also gave the earlier completion timetable. Mace seem to have over-promised and under-delivered.
There will be plenty of people at Multiplex muttering "told you so" in the direction of Levy and Lewis.