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Nou Mestalla on Track With €322 Million Loan as Club Refuses Monthly Certification Requests

Municipal inspectors have verified early milestones under a toughened permit with future phases scheduled through mid-2027

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Overview

  • Municipal inspectors certified the project’s first two milestones, including interior architecture work, confirming the schedule is on track after a 16-year halt.
  • A €322 million Goldman Sachs loan closed on June 27 secures funding for the stadium’s completion.
  • Valencia CF has formally declined to submit monthly progress certifications, arguing they are not legally required under the permit.
  • The City Council’s toughened building permit grants revocation power if the club fails to meet essential terms.
  • Key upcoming milestones include roof structure assembly on December 29, 2025; exterior stair concrete checks on February 10, 2026; exterior roof completion on April 23, 2027; and full project handover by July 11, 2027.