Operational cost of National Stadium far exceeds annual revenue – Xavier

Anthony Xavier

It costs approximately $60 million to run the Guyana National Stadium at Providence annually while the average yearly income is within the range of $25 million. This is according to information provided by Stadium Manager Anthony Xavier.

Speaking with Stabroek News last week, Xavier explained that $10 million was budgeted for infrastructure works while the gross wages and salaries for the stadium’s workers is approximately $25 million. He further explained that the entirety of the yearly income is used for continuous maintenance work.

The stadium was built for the Guyana leg of the 2007 Cricket World Cup and was estimated to have cost around US$25 million. It was built by the