By Mikhaila Crowie
25 August 2008
A consortium of the Sail Group and Stade de France has been named the preferred bidder to operate the new multi-function Green Point stadium after the 2010 FIFA World Cup.
The City of Cape Town will negotiate a contract with the consortium by the end of October.
The Stade de France is an 80 000 seat stadium in France and Sail is the largest sport management company in the country.
Once the contract is signed, the operator will be involved in before 2010, to help with the detailed design of the stadium.
Mike Marsden, the Executive Director for Service Delivery Integration, said finding an operator with experience proved to be the most crucial element in the joint bidding process.
A bid was received from Investec Bank for both the naming and operating rights for the stadium but did not meet the tender requirements for the stadium.
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