The news is a vote of confidence by the Government for Irish rugby, soccer and sport in general, as Ireland will benefit greatly by the construction of a modern, state of the art 50,000 seater capacity sports arena at Lansdowne Road.
The go-ahead for the new stadium, with an anticipated completion date of 2008, ensures that sporting and other events at the new stadium will continue to play a critical role in generating significant revenues to the National and Local economies.
Philip Browne, Chief Executive of the IRFU says: Today's vote of confidence in Lansdowne Road enduring as one of the most renowned and popular venues in European sport is great news for the IRFU and for Ireland. We greatly appreciate the support of the Government in endorsing our ambition that Irish
Fran Rooney of the FAI said the decision to proceed with the stadium development will have long-term positive benefits for football throughout Ireland. The Stadium provides a really positive platform to develop all aspects of the game for future generations, said Rooney. The willingness to support a new National Coaching Centre and Academy is also a very positive statement from Government reflecting a really practical commitment to the development of young people in sport, he added.
With the funding secured the IRFU and FAI's immediate concern is to prepare the planning applications and proceed with the objective of having the new stadium completed as soon as possible. At all stages of the development process the project team will work closely with local residents in developing a stadium which will greatly enhance the district for the betterment of those who live and work there as well as for advancing the cause of Irish sporting achievement both nationally and internationally.