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FA to announce Wembley agreement FA agree deal to get Wembley open
(40 minutes later)
The Football Association is set to confirm it has struck a deal to end the dispute with Multiplex, the company building the new Wembley Stadium. The Football Association has struck a deal to end the dispute with Multiplex, the company building the new Wembley Stadium, so it can open next year.
But the FA is not yet prepared to say the 2007 FA Cup final will definitely be staged at the near-£800m stadium.But the FA is not yet prepared to say the 2007 FA Cup final will definitely be staged at the near-£800m stadium.
The FA wants to avoid a repeat of last season's fiasco when it had to move the Cup final to Cardiff after more delays.The FA wants to avoid a repeat of last season's fiasco when it had to move the Cup final to Cardiff after more delays.
However, BBC Sport understands that the 2007 final will almost certainly be played at the new Wembley next May.However, BBC Sport understands that the 2007 final will almost certainly be played at the new Wembley next May.
The new national stadium, which was originally meant to cost £757m, was due to open at the beginning of 2006, but Australian builders Multiplex announced a series of delays over its completion. The FA, Wembley National Stadium Limited (WNSL) and Multiplex have now settled all outstanding disputes regarding the construction of,and payments for the project.
Wembley National Stadium Limited (WNSL), a subsidiary of the FA, is now expected to pay about £35m to Multiplex on top of the original fixed-price contract to take account of changes to the design. The new national stadium, which was originally meant to cost £757m, was due to open at the beginning of 2006, but Multiplex announced a series of delays over its completion.
The actual terms of the agreement to get the stadium handed over to the FA early in 2007 will not be made public, according to FA sources. WNSL, a subsidiary of the FA, is now expected to pay about £35m to Multiplex on top of the original fixed-price contract to take account of changes to the design.
But English football's governing body is expected to announce later on Thursday that WNSL and Multiplex have put their "differences behind them" to get the stadium finished off. The actual terms of the agreement to get the stadium handed over to the FA early in 2007 have not been made public.
The news will come as a major relief to the FA which has seen what started out as a prestigious project hampered by a series of wrangles. English football's governing body announced on Thursday that WNSL and Multiplex have put their "differences behind them" to get the stadium finished off.
FA chief executive Brian Barwick said: "This agreement secures the process of getting the new Wembley Stadium up, running and open to the public.
"We look forward to staging major events at the stadium next year and consider this agreement with Multiplex to represent the beginning of the end of the construction phase.
"Everyone's target is now to complete what will be the finest stadium in the world."
Most of the building work at the site is now complete and two low-key events - such as an Under-21 international and a concert - will be staged at the stadium ahead of the FA Cup final.Most of the building work at the site is now complete and two low-key events - such as an Under-21 international and a concert - will be staged at the stadium ahead of the FA Cup final.