Long known to stand above a geological fault, the stadium was declared unsafe in a seismic review, said Barbour, who added that about 70% of the project's construction cost comes from safety upgrades.

WSJ: Cal's Football-Stadium Gamble

Football Foundation regulations forbid clubs to receive any more than 80% of the total funding for a construction project but it has been established the payment eventually covered the entire cost.

BBC: SPORT | Football | My Club | Macclesfield Town | Macclesfield hit with huge fine

That is far below what most project-financiers would expect for assuming the risks of corporate bankruptcy, construction delays and cost overruns.

ECONOMIST: Project finance in Taiwan

The document proposed that Chinese partner Guangdong Provincial Highway Construction Co. agree to the transfer of the extra cost from Hopewell's balance sheet to that of the project in the form of shareholder loans.

CNN: HANGING ON AT HOPEWELL