May
2013
Friday, March 23, 2012
Brooks Peck, Yahoo! Sports
Submitted by: T. Hawkins

Real Madrid Building $1 Billion Artificial Island

Barcelona football team Real Madrid is building an artificial island in the United Arab Emirates. The $1 Billion complex is scheduled to open in 2015.

[Yahoo] The 4.6 million-square-foot venture is in partnership with the government of the Emirate of Ras Al Khaimah and is expected to attract a million visitors in its first year of operation.

What the fuck does a sports team need a resort island for?

This boondoggle of hubris represents waste on an unimaginable scale.

Posted by Editor on 03/23/12 at 12:29 PM •  (0) Comments

Tags:  wealth, waste,

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