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Roma moves ahead on ambitious 1.5 billion euro stadium plan

ROME (AP) -- Three-time Serie A champion Roma is moving ahead with an ambitious 1.5 billion euro ($1.7 billion) plan for a new, privately financed stadium and surrounding business and entertainment center on the city's outskirts.

The club's American president James Pallotta says that pending government approval, construction will begin by December and last up to two years.

Roma handed over a detailed dossier on the project to city authorities Monday.

With a design inspired by the Colosseum, the stadium will seat 52,500 spectators and be able to expand to 60,000 for major matches.