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Valencia CF Secures €322 Million Financing to Complete Nou Mestalla

The funding combines 28-year notes with a five-year loan to be repaid through sale of the current Mestalla land after the 70,000-seat venue opens in 2027.

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View of the partially built soccer stadium Nou Mestalla, started in 2007 to replace the current stadium, the Mestalla, in Valencia, Spain, November 17, 2024. REUTERS/Vincent West/File Photo

Overview

  • The €322 million package comprises €237 million in 28-year notes and an €85 million five-year loan.
  • Construction, halted in 2009, resumed in January 2025 and the new stadium is slated to open in 2027 with over 70,000 seats.
  • Loan repayment will come from proceeds of selling the existing 49,430-capacity Mestalla site once Nou Mestalla is operational.
  • President Kiat Lim anticipates that expanded hospitality, greater capacity and multi-purpose events will more than triple the club’s revenue.
  • Owner Peter Lim has injected over €200 million into Valencia CF since 2014, underpinning its financial stability and infrastructure projects.