Wembley Stadium is expected to get the go-ahead to be rebuilt later today, after two years of uncertainty over the future of the stadium.
The last competitive match played at the stadium was over two years ago when England hosted Germany in a World Cup qualifier. Since then the ground has lain dormant as a combination of the English Football Association, the govenment and prospective developers wrangled over the details and cost of rebuilding the stadium.
However, plans for the project are now expected to be revealed by FA chief executive Adam Crozier, along with Sport England chairman Trevor Brooking and culture secretary Tessa Jowell.
At £750 million, the new Wembley will be eaily the most expensive ground in the world – a significant factor in the delay in commencing reconstruction.
The new Wembley, expected to be completed by 2006, will provide seating for 90,000 although that will be reduced to 68,000 when a temporary running track is in place for athletic events.
Funding for the new project comes from a variety of sources including, The FA, London Development Agency and National Lottery money, along with a loan of over œ400 million from German bank Westdeutsche Landesbank.