Valencia announces that work on the Mestalla stadium has resumed

After 16 years without any major improvement in the condition of the Nou Mestalla stadium, Valencia announced today that work on the ground has begun again. The Ches affirm that the work on the land is scheduled to be completed in July 2027 and that the team will play the 2027-28 season in its new home.

Work has restarted on the ground, which will have four stands and a capacity of 70,044 seats, although it will initially start with a capacity of 66,000. Around 3,000 of those seats will be VIP seats and the stadium will be built into UEFA’s top category of stadium facilities, allowing them to host major events. All the seats will be covered and the stadium will be shaped like a bowl, imitating to a certain extent the Metropolitano.

Valencia has announced that work on the Nou Mestalla has resumed, after 16 years without material movement. #VCFpic.twitter.com/0TQpN7YPWH

— Soccer Spain (@footballespana_) January 10, 2025

The club believes the total cost will be around €300 million, Relevo explains, with around €80 million coming from the CVC deal. Around 30 million euros worth of VIP boxes have been sold to Atitlán, and they have also obtained a new loan from Goldman Sachs to refinance their debt, for a total of 186 million euros. They will also request a loan of 325 million euros to finance the stadium works, which will be paid over a period of 25 years, with a cost of 25-30 million euros starting in 2027.

The main question will be whether it arrives on time and fit for the 2030 World Cup. Valencia has been left out of being one of Spain’s 11 host cities, but the Royal Spanish Football Federation is expected to make an effort to try to include at the last minute the Nou Mestalla, as announced by president Rafael Louzan. Once completed, it will be