Two of Sydney's major sports stadiums will be demolished and rebuilt at a cost of $2 billion after state cabinet signed off on an expensive conclusion to the long-running saga on Thursday.However, the $2 billion price tag to rebuild both Allianz Stadium at Moore Park and ANZ Stadium at Sydney Olympic Park does not include the cost of rebuilding Parramatta Stadium.Allianz will be rebuilt with a capacity of 45,000 people and ANZ with a capacity around 80,000.This will allow the NRL to continue holding matches, including the grand final, at ANZ while Allianz is unavailable.Fairfax Media haspreviously revealed the revival of the plan to build a new stadium at Moore Park to replace Allianz.The decision on Thursday is a reversal of one announced by Mr Baird and Sports Minister Stuart Ayres last year, and follows bruising clashes among Sydney's sporting and political elite.In September 2015, Mr Baird said his government would spend $1.6 billion partly gained from the privatisation of electricity assets on upgraded stadiums in Sydney.That plan included a new stadium at Parramatta by 2019, construction of which is already under way.The plan was then to build a new stadium to replace the 30-year-old Allianz Stadium at Moore Park, and to upgrade the former Olympic stadium known as ANZ at Olympic Park.But the proposal to prioritise another stadium at Moore Park faced strong resistance from sporting organisations. Sydney's NRL clubs preferred the spending at Olympic Park, closer to the geographic heart of Sydney.Also, the tenants at Allianz Stadium – Sydney FC, the Roosters, and the Waratahs –rebelled against the idea of a new stadium, in part because they would be displaced for years while it was built.In response, Mr Baird took control of stadium planning in what was then ahumiliating defeat for Mr Ayres, who had championed the idea of a new stadium at Moore Park. Under the plans Mr Baird announced in April, 2016, the priority would be ANZ Stadium, and there would be only minimal funds available for an upgrade of Allianz Stadium.The decision on Thursday represents a triumphant reversal of fortunes for Mr Ayres and the powerful Sydney Cricket & Sports Ground Trust, with whom he is close. Trustees include talkback radio's Alan Jones, business figure Tony Shepherd, and former premier Barry O'Farrell.By increasing the total spending on stadiums from $1.6 billion to around $2.3 billion, the government has in effect resolved the conflict between Allianz and ANZ Stadiums by finding money for them both.But it has done so at some political risk. NSW Labor leader Luke Foley has said he would not spend money on Allianz Stadium in Sydney's east.On Thursday Mr Foley criticised the decision and argued the total stadiums bill is $2.5 billion when $200 million the government spent on buying back ANZ stadium is taken into account.Mr Foley said Allianz "won't host grand finals, State of Origins, Bledisloe Cups or the biggest Socceroo qualifiers. Why are we doing this?""The government of the state is going to prioritise spending hundreds of millions of dollars on a white elephant stadium in the eastern suburbs of Sydney that won't host the biggest games," he said."It'll be full once, possibly twice, a year. And Labor says that is a massive waste of taxpayers' money.

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  • Hope its ANZ first. That means Parra won't be stuck there against Dogs and Souths

  • Massive waste of money, ANZ is only 18years old and whilst it is not an ideal shape for NRL it is more than good enough for big matches. As for Allianz, nobody goes there, why build a new stadium for nobody?.

  • Allianz will be first by the looks of things. ANZ might not get started until 2022
  • Good for sport in Sydney, better the govt spend it on stadiums than art and theatres.

    • But I wanted funding to build a Gymp museum.

  • ........or a hospital , medical research , public transport , reducing the cost of housing , nah  sport in this country is ...they may name a railway station in melbourne after warne !  lets achieve to the lowest common denominator ! poor fella my country.

  • 3320915270?profile=RESIZE_1024x1024 little singapore,  50 klms long x 25 wide &  where they have to even import 40% of thier drinking water, where they have no resources other than thier people have poured thier $ into education & it is now the 3rd richest country in the world, they got thier proities right i think...then built thier stadium.  pls google " singapore national stadium wikipedia  "

  • This is an obscene waste of money.
    There is no doubt that the under utilised and never full Alliancz is in need of a refurb but to demolish it in order to indulge the liberal government is ridiculous.
    • You will probably find that to bring them up to standard will cost almost as much. The trouble is the AFL ruined the redesign of ANZ. In any case there would be a business case to support these capital works.
  • A lot of discussion around the stadium development is about wasting the money and that it should be spent on social issues. Already in Australia 80% of tax revenue is spent on social welfare and the leaners. When is it time for the lifters to enjoy a bit of their hard earned fruit

    The reason that they demolish stadiums and build entirely new ones is because on major refurbishment it is cheaper with a better outcome

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