The decision of UEFA to choose the new Stadium in Dublin as the venue for the 2011 UEFA Cup Final represents a major breakthrough for the FAI, the IRFU, Dublin City Council and the Government who have all played a significant part in the development of the new Stadium. Previous UEFA Cup finals have generated an estimated �30m in revenue for host cities and the benefits from hosting the 2011 final will be a major boost to the economy. UEFA, football�s European Governing body, chose Dublin�s joint bid after a highly competitive selection process that lasted more than a year. The bid succeeded because of a strong and focused partnership between the FAI and Dublin City Council. An important element in their approach to UEFA was the support that came from relevant Government Departments as well as our partners in the business, tourism and leisure areas who committed their assistance to host the game. The 2011 UEFA Cup final will be a global showcase for the new 50,000 all-seat stadium which is on target for completion in 2010. The event will also provide a huge boost to Dublin tourism and will provide another important opportunity for Ireland to demonstrate its expertise in hosting a major sporting event. The will be the biggest international sports promotion in Ireland since the Special Olympics were held in Dublin in 2003. Based on previous estimates, cities can expect to generate revenues in the region of �30 million from hosting a UEFA Cup final which will be watched by a global audience of 40 million viewers. The UEFA Cup, which will be rebranded the UEFA Europa League from July 2009, is currently held by Zenit St Petersberg. Inter Milan, Juventus and Liverpool are the most successful clubs in the competition to date, each three-time winners. Welcoming the successful bid, John Delaney, Chief Executive of the FAI said: �Europe�s top clubs will play out the 40th final of the UEFA Cup in Dublin in 2011. This is a significant coup, for our new stadium and for Ireland. �I would like to pay particular thanks to Dublin City Council and the Government for their help in mounting this winning bid, against stiff competition from all over Europe. �I also acknowledge the role of industry partners including the DAA, An Garda Sioch�na, Dublin Tourism, Dublin Bus, Iarnr�id Eireann, IHF, RPA, Dublin Tourism and the Dublin Chamber of Commerce and thank them for their support. �The final will cement the reputation of the new stadium with a global audience and along with the 4 Associations� tournament, hosted by the FAI in Dublin in 2011, will provide a huge boost to the country�s tourism industry.� Dublin�s Lord Mayor Eibhlin Byrne said: �I am delighted that all the hard work that went into mounting this bid has paid off. �The UEFA Cup final will focus the world�s attention on Dublin as well as providing significant visitor numbers to our city. �We look forward to making the UEFA Cup Final in Dublin a success by working with our main partners and creating a night to remember for everyone. �The success of the bid, alongside our successful campaigns to become European Capital of Sport 2010 and European Capital of Science 2012, indicate the high esteem in which Dublin is held internationally. �The �can do� attitude which has won these bids is at the heart of 21st century Dublin and will see our city going from strength to strength no matter what the challenges ahead of us are.� The new stadium is on scheduled to be completed in 2010. A significant landmark was reached early this year when work on installing the roof began. Planning permission was granted on March 22, 2007, by An Bord Pleanala and work on demolishing the old stadium began immediately. The Stadium is budgeted to cost �411m and the costs are funded by the FAI and the IRFU with the backing of a Government grant of �191m.