I am not going to pretend to know how long it will take for the stadium to be payed off. As I mentioned before - it will be payed off. It is a matter of time. Eventually it will turn a profit. It's like investing in the property market.
Secondly, the old stadium was not only too expensive to fix, but the fact is that it was too small to host world cup matches (and the world cup IS happening. It's not up to Cape Town). Now let me get this straight...you propose that not only do they go ahead and build Greenpoint, but they pay MORE money to fix the old stadium? Hahahaha. Lack of logic much? Cape Town can barely handle having both Newlands and Greenpoint (WP rugby are in fact considering selling Newlands and moving to Greenpoint as a matter of fact)...but three? LOL. And lastly...stadiums such as Soccer City aren't exactly situated in the most beautiful of areas, but they are being built there anyway, so that has absolutely no relevance. Thanks but I'd rather have ONE stadium in a beautiful setting where the surrounding area is well-kept than two.
What exactly is your problem? You've mentioned:
* public space will disappear, which has been proven the opposite
* then you moved on to complain about the cost, forgetting that it will actually eventually turn a profit
* following this you proposed TWO stadiums, after complaining about the cost of one
* you've also tried to tell us you know more about stadium operation than Stade de France does
* and that the old area was safe, clean and well-kept (hahaha!)
* neglected the fact that Culemborg is a very valuable site that would be wasted on a stadium (if you knew of any future plans for the city you would be aware of this)
* you also fail to see that Athlone would not be an ideal place to host world cup matches because of transport and facility issues
* and lastly you constantly refer to Greenpoint as the "toilet bowl"...but are all for the ghastly thing that used to stand in its place
From what I can see, you're simply whining for the sake of whining. You're most likely angry that public participation was apparently non-existent, but in the process completely blind yourself to the fact that the area will be completely upgraded from its previous state. It's rather sad