Valencia enlists the help of the American investment company as efforts are made to raise €120 million for the Nuevo Mestalla project

It has been 17 years since the start of work on Nuevo Mestalla, but it is still not nearly finished. Valencia was forced to stop the project 18 months after the start for financial reasons, but now a renewed effort is being made to ensure that it is done.

Valencia are looking for 120 million euros in cash that will be used towards the project, and as reported by El Confidencial (via Relief), have hired the services of the American investment bank, Goldman Sachs.

The idea is to finance the construction works, which will allow the Nuevo Mestalla project to be finally completed. The club, with the help of Goldman Sachs, aims to refinance its structural debt with financial institutions, which would allow it to establish a payment schedule that does not limit the daily life of the club as much. at first.

It remains to be seen whether Valencia can finally build the Nuevo Mestalla – the club and supporters will hope so.

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