Port Elizabeth’s local authority in South Africa is to re-evaluate its options after deciding to reject all of the bids to take over the running of the Nelson Mandela Bay Stadium.

The municipality will go back to the drawing board over future plans for the 46,000-seat facility in Eastern Cape. A mayoral committee meeting this week will seek to resolve the issue.

Earlier this year, the municipality advertised a request for proposals in an effort to identify a stadium operator with management experience who will maintain the facility and develop the surrounding precinct into a hub for sports, leisure, events and tourism attractions.

According to the Herald newspaper, five companies submitted bids to assume operational responsibilities for the stadium when Access Management’s current contract expires at the end of this year.

The municipality, however, is keen to offload responsibility for running the stadium to a company that can help to generate revenues for the city.

The stadium was built ahead of the 2010 Fifa World Cup and hosted the third/fourth-place play-off between Uruguay and Germany, Brazil's quarter final against Holland and England's first round match versus Slovenia.

It has since held major concerts and sports events, including matches played by the South African national rugby team.