Usage After The World Cup
A consortium consisting of South Africa's Sail Group and French-based Stade de France were awarded the service contract to operate the stadium and ensure that it remains a sustainable multi-purpose venue after the 2010 FIFA World Cup. The consortium, called Business Venture Investments 1317, was involved in the management of the stadium from January 2009 onwards. The city municipality paid the consortium to manage the stadium up to and during the World Cup, after which the consortium will lease the stadium from the city for a period of not less than 10 years and not more than 30 years.
Following the World Cup, the stadium capacity was reduced to 55,000, enabling it to cater for all types of sports, including rugby, as well as music concerts and other major events. The stadium features corporate hospitality suites, medical, training, and conferencing and banqueting facilities. The consortium will operate the stadium as well as manage and maintain the defined areas of the surrounding urban park and sport precinct on the 85-hectare Greenpoint Common from stadium revenue.
Ajax Cape Town are currently using the stadium as their home ground during the 2010-11 Premier Soccer League season till present.
Read more about this topic: Cape Town Stadium
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