Bombshell report reveals Allianz Stadium could have been renovated for as little as $18million - saving the government $711million Confidential report found Allianz Stadium could be refurbished for $18million The government chose to rebuild the facility at a price tag of $729million It will be a key issue at the State election as voters go to the polls on Saturday By Brett Lackey For Daily Mail Australia Published: 00:08 GMT, 21 March 2019 | Updated: 00:08 GMT, 21 March 2019 Viewcomments Allianz Stadium could have been refurbished for as little as $18million rather than the staggering $729million it will cost to be torn down and rebuilt, according to a report. The secret report, commissioned by the Sydney Cricket Ground Trust in 2016, shows that upgrading the stadium rather than rebuilding it would have addressed the 'non-compliance' issues the government used as a reason for tearing it apart. Demolition of the stadium is currently continuing despite legal action aimed at halting it until after the NSW state election. A report has revealed that Allianz stadium could have been refurbished for as little as $18million rather than the staggering $729million the government's new stadium will cost Opposition leader Michael Daley said that the report 'exposes once and for all their entire case for the stadium splurge to be nothing more than a sham' The report, by Asset Technologies Pacific, concluded the stadium could be upgraded to meet the non-compliance issues for $18,153,800, according to The Sydney Morning Herald. Marked as confidential, the report says the stadium would incur 'minor non-compliance issues' with each new version of the standards and safety codes but these could be fixed with at little cost. 'These minor issues can be addressed through partial voluntary upgrades over the forthcoming 10-year period until such a time as the next major refurbishment is undertaken,' the report says. Opposition leader Michael Daley said that the report 'exposes once and for all their entire case for the stadium splurge to be nothing more than a sham.' 'Instead they wanted a gold plated stadium. What a disgrace,' he said. Demolition of the stadium is currently continuing despite legal action aimed at halting it until after the election Sports Minister Stuart Ayres said that complete rebuild of Sydney Football Stadium, the official name for Allianz, was better value for taxpayers rather than refurbishment works. 'It was considered as part of the Upper House Public Works Committee into stadia. That committee concluded that there were significant safety and security breaches at the facility. They recommended the full redevelopment of Sydney Football Stadium,' he said. 'After an exhaustive and detailed process Infrastructure NSW valued a refurbishment of the SFS at $714.5 million and a rebuild at $729 million… The option to rebuild provided better value to the taxpayer than a refurbishment.' Sports Minister Stuart Ayres said that complete rebuild of Sydney Football Stadium, the official name for Allianz, was better value for taxpayers rather than refurbishment works Read more: Share or comment on this article: All rights reserved for this news site dailymail and under his responsibility