Qatar Is in Talks to Reduce World Cup Stadiums, BofA Says
This article is for subscribers only.
Qatar may reduce the number of stadiums it builds for the 2022 soccer World Cup as costs increase, according to Bank of America Merrill Lynch.
The Middle Eastern country is negotiating with FIFA, world soccer’s governing body, to cut the number of venues to eight or nine from the 12 originally planned, the U.S. bank said in a note to investors following meetings with the Qatar 2022 organizing committee.