Tuesday, January 25, 2011
ROME (AP).- The founder of Tod's luxury leather goods and shoes announced Friday that he will foot the 25 million euros ($34 million) to restore the Colosseum. The ancient Roman arena is blackened by pollution and rocked by vibrations from a nearby subway line. Officials accepted Diego Della Valle's offer to sponsor the restoration. But Della Valle said he expected other entrepreneurs to also step in to help out as the project gets under way. "It is the end of a nightmare," Rome Mayor Gianni Alemanno said.