Rovnag Abdullayev: At the moment the SOCAR has no funds to build Olympic stadium

Rovnag Abdullayev: At the moment the SOCAR has no funds to build Olympic stadium
# 02 March 2011 16:39 (UTC +04:00)
Rovnag Abdullayev, who is also the head of AFFA, refuted the reports that the stadium to be built in the capital will cost $1 billion.
“As far as I know, the most expensive stadium in the world is in Beijing and its costs $370 million. We have taken interest in the prices of the stadiums built in Turkey. The reports that the stadium in Baku will cost $1 billion are not true. The source of financing of the stadium is being discussed. At the moment the State Oil Company has no funds to build such a stadium,” he said.
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