Renovation
In 2004 the stadium was privatized and sold to the Hrazdan Holding CJSC, who began to set up a renovation process in 2005. By the end of 2008 the stadium became all-seater.
Shortly after its renovation the Stadium hosted Armenia's match against Turkey on 6 September 2008, which was the first match Armenia had played at ground since a Euro 2000 qualifying match against France on 8 September 1999. The crucial match was attended by presidents Serzh Sargsyan and Abdullah Gul, with the presence of more than 30,000 spectators.
After the 2008 renovation, Hrazdan held UEFA three-star status until that rating was superseded by a new system of classification.
According to the president of Armenian Football Federation Ruben Hayrapetyan, a total of 6 million Euros will be spent for the modernization of the infrastructure, the pitch, the running track and the installation of a full-tribune cover for the stadium. After the upcoming renovation, the stadium will have an opportunity to bid as a host-venue for UEFA club competitions final matches. The renovation works began in March. An estimated $10-15 million will be invested.
Read more about this topic: Hrazdan Stadium
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