Roma reveals plans for new privately financed stadium on outskirts of the Italian capital

This artist rendering provided by Italian Serie A soccer club Roma, Wednesday March 26, 2014 shows the new stadium to be build on the outskirts of Rome. Three-time Serie A champion Roma plans to build a new privately financed stadium inspired by the Colosseum on the outskirts of the Italian capital. Labeled "Stadio della Roma" for now, until naming rights are awarded, the facility will seat 52,500 spectators and be able to expand to 60,000 for major matches. Building costs for the stadium itself are estimated at 300 million euros ($414 million) but the overall price, including surrounding infrastructure and transport, will run far higher. The new stadium will be in the Tor di Valle area in the city's southwest, about halfway between downtown and Fiumicino airport. Slated to open for the 2016-17 season, the stadium has been a big goal since Roma was purchased by a four-man group of Boston executives, who in 2011 became the first foreign majority owners of a Serie A club. (AP Photo/AS Roma) (The Associated Press)

Roma President James Pallotta, right, shows Rome's Mayor Ignazio Marino the project for the new Roma soccer stadium, at Rome's Capitol Hill, Wednesday March 26, 2014. Three-time Serie A champion Roma has revealed plans to build a new privately financed stadium on the outskirts of the Italian capital. Labeled "Stadio della Roma" for now, until naming rights are awarded, the facility will seat 52,500 spectators and be expandable to 60,000 for major matches. Building costs for the stadium itself are estimated at 300 million euros ($414 million) but the overall price, including surrounding infrastructure and transport, will run far higher. The new stadium will be in the Tor di Valle area in the city's southwest, about halfway between downtown and Fiumicino airport. (AP Photo/Alessandra Tarantino) (The Associated Press)