AEG Europe is within one to two weeks of finalizing a longterm agreement to help develop the planned 45,000-seat Dynamo Moscow Stadium, the VTB Arena and the underground retail complex being built by the government of Russia and VTB Bank. The stadium will host the 2018 FIFA World Cup.

The project is in funding now and will break ground in one to two years, said Brian Kabatznick, VP of business development, AEG Europe. Published reports estimate the cost of construction at $1.5 billion, ...

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