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latest update: 09-Sep-2010 13:21:04

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GOING PRIVATE
Updated: 23-Jul-2010

Joint administrators Loulé and Faro Câmaras have put the running of the Stadium of the Algarve out to public tender.

Costing an estimated three million Euros a year without providing regular revenue, the Algarve Euro’2004 venue could thus soon be in the hands of either a Brazilian, Spanish or Portuguese private enterprise, all three of which are said to be interested.

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