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News : Rome Colosseum repair to be funded by Tods shoe firm : The founder of
the Tod's luxury shoe brand has said he will cover the cost of restoring the
Colosseum. Officials have accepted Diego Della Valle's offer to sponsor the
restoration of the ancient Roma arena. Rome's mayor described news the city
finally had the funds to undertake the project as "the end of a nightmare".
Restoration work, which will cost some 25m euros (£21m; $34m), is expected
to begin at the end of the year and will take two and a half years to complete.
