After 16 years without any serious development in the state of the Install new stadium, Valencia announced today that work on the ground has started again. Los Che say that work on the ground is expected to finish in July 2027, with the team playing the 2027-28 season in their new home.
Work has begun again on the ground, which will have four levels and a capacity of 70,044 seats, although it will initially start with a capacity of 66,000. About 3,000 of those seats will be VIP seats and the stadium is intended to be built to become the first category of UEFA stadiums, which allows them to host major events. All the seats will be covered, and the stadium will be shaped like a bowl, imitating the Metropolitan to a certain degree.
Valencia have announced that work on the New Mestalla has begun again, after 16 years without material movement. #VCFpic.twitter.com/0TQpN7YPWH
— Football España (@footballespana_) January 10, 2025
The club believes that the total cost will come to around 300 million euros, he explains Reliefand about €80 million of this comes from the CVC agreement. About 30 million euros of VIP boxes were sold to Atitlan, and they also took a new loan from Goldman Sachs to refinance their debt, for a total of 186 million euros. They will also take a loan of 325 million euros to finance the stadium works, which will be paid over 25 years, at a cost of 25-30 million euros starting in 2027.
The big question will be whether he will arrive in time and fit for the 2030 World Cup. Valencia they missed out on being one of the 11 host cities in Spain, but the Real Spanish Football Federation is expected to make an effort to try to include the Nou Mestalla at the last minute, as president Rafael Louzan announced. Once it's done, it will be