Funding for Christchurch stadium considered

Updated at 6:07 am on 17 February 2012

Prime Minister John Key says the Government is considering a variety of ways to ensure the funding of Christchurch's new stadium.

But he says even with a budget blowout it will be finished in time to host its first game next month.

Mr Key visited Christchurch stadium on Thursday, which is set to open by 24 March, when the Crusaders play their first home game since the February 2011 earthquake.

A $5m budget blowout, in part caused by continuing aftershocks, has added to the original $20 million cost of the new facilities.

Mr Key says the Government is funding most of the stadium but a loan may also be considered as well as a donation from one of the earthquake funds.

The stadium will be able to seat 18,000 people. Capacity will be increased to 25,000 when the All Blacks play Ireland at the ground in June.

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