ROME (AP) -- 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.
It is slated to open for the 2016-17 season.
Roma shares the Stadio Olimpico with city rival Lazio.
Rome Mayor Ignazio Marino is solidly behind the project.