The president of Valencia, Layhoon Chanassured this Thursday that the New Mestalla will cost more than 340 million, between what has already been built and what is missing, he said that the club is “ready to complete” the stadium and, although he admitted that they have not yet completed the calculation of the cost, he said “it’s now or never.”
Valencia has invested more than 170 million euros in the stadium located on Cortes Valencianas Avenue, so the Singaporean estimates the amount that the entity needs to allocate to finish it at more than 170 million euros, of which 80 can be allocated by the CVC fund , while the rest has to be paid by Valencia CF.
“I never tire of repeating that this is an important project for the club and we are ready to complete it. The new stadium is the future of the club and it must be now. Although it has been a difficult and complicated path, but for me it is now or never “Chan noted in his speech at the general meeting of shareholders.
So, he commented that the financial plan of the entity “remains the same”, to restart the construction of the new stadium as soon as they have the licenses and the urban development plan is approved, “and to sell the plots of the current Mestalla when finished that the Nou. . Mestalla to pay the loans”.
“Once we get the licenses and the cost calculation is finished, we will be happy to share with our fans more details about the Nou Mestalla,” stressed Chan, adding that the future field is “planned to have of activity 365 days a year.” , segmented for different types of Valencian fans and visitors.
He asserted that the new stadium “will allow the club to grow and keep pace with changes in the world of football”, as “it will allow new and creative ideas to be implemented to attract followers, improve the fan experience and connect to young people in new and exciting ways.
“The new stadium will provide new sources of income to the club and we hope it will also boost the local economy, increase employment and become a symbolic venue for sport, leisure and recreation in the city,” Chan stressed. , who highlighted that it will have an average cost of around 5,000 euros per seat, “comparable to the stadiums of Atlético de Madrid and Athletic de Bilbao.”
Club support for the city and society of Valencia
Finally, he also affirmed that another aspect related to the great activity represented by the Nou Mestalla is the possibility of Valencia hosting the 2030 World Cup, “something that will have a great impact for the city in all level and for many sectors.”
“Valencia CF always does its part to support the city and Valencian society. If we can, we want to help the city of Valencia and that is why we decided to participate in this candidacy. The joint letter presented by the Generalitat, the City Council and “The club is proof of our collaboration. It is clear that the World Cup project is good for the city,” concluded Chan.
Source: La Verdad
I am Shawn Partain, a journalist and content creator working for the Today Times Live. I specialize in sports journalism, writing articles that cover major sporting events and news stories. With a passion for storytelling and an eye for detail, I strive to be accurate and insightful in my work.
