The mayor of Valencia is ready to continue work on the Nou Mestalla in January

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He made a force so that the New Mestalla outside the headquarters of World Cup 2030 and now that Valencia will not be present at the World Cup event, he continues to insist on the need for Valencia finish the work on the new stadium. The mayor of the city, María José Cataláexplained that “it’s now or never” regarding the construction that the Valencian club has been paralyzed since February 2009.

The mayor, in an interview with SOensured that the “provision of Valencia is positive” and that Valencia “want” to deliver the implementation project for the new stadium today, where they have until next October 12.

The entity of Mestalla He negotiated Goldman Sachs and is looking for a loan of 120 million euros that will allow it to consolidate the debt it has with financial entities and refinance it in the long term, as long as it can repay that debt in 20 or 25 years and the existing debts, divided into several entities, Do not hurt the club in the next ten years. All this will allow the club to move forward New Mestalla.

He Valencia It currently spends more than a third of its budget just paying off its loans to financial entities, a situation which, sources familiar with the situation explained, is what leads to the entity’s disinvestment in transfers, because in the payment of transfers of ten or fifteen million euros will be made Valencia has lost its budget, a ‘red flag’ for the club, which is looking for “financial sustainability.”

In any case, the possibility of survival of Valencia going through the construction of New Mestalla and, according to Catalá, the project is still on track. “The disposition of Valencia tells us that it is positive, that they want to give us the execution project and then they want to continue the works in January. If the deadlines are not met, the license falls, the urban planning has collapsed, everything has collapsed, everything is completely falling apart … and where will it take us now or not,” he said.

The mayor, who has been the city’s first mayor for a year and a half, stressed that you can’t “have a stadium like this for decades and decades and decades without anybody saying anything,” and now that the time to “say ‘now or never’.”

“He Valencia City Council It only has powers in the area it relates to or affects Valencia Football Club in a building permit and in urban planning documents that refer to the future, which are not urban planning privileges,” he concluded. Catalanasked if he could compel the release of Peter Lim of society.

Source: La Verdad

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