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Spartak strike $40 million stadium deal

February 19, 2013
By ESPN staff
Spartak Moscow have sold the naming rights to their unfinished stadium to a local bank for more than $40 million (£26 million).

Spartak's new 44,000-seater stadium is set to be complete in 2014, when a four-year deal with the Otkritie (Open) Bank will run until the end of 2018.

The stadium, which is based in the North-West of Moscow, will host group matches for the 2017 Confederations Cup and the World Cup the following year.

The club's billionaire owner, Leonid Feduntold, ...

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