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Spanish soccer membership Valencia CF (‘Valencia’) introduced on June 26, 2025, that it has efficiently secured financing of €322 million (S$480.18 million, conversion charge €1 = S$1.49) for its new stadium, which is about to be one of many largest in Europe.

Scheduled to open in 2027, the Nou Mestella boasts a capability of 70,044 seats and would be the fourth-biggest stadium in Spain after Barcelona’s Nou Camp (105,000 after redevelopment), Actual Madrid’s Santiago Bernabeu (81,044) and Atletico Madrid’s Metropolitano (70,692). The present Mestalla stadium has a capability of 49,419.

Valencia’s president, Kiat Lim, the son of Singapore tycoon Peter Lim, who was appointed in March, mentioned in a media assertion that the funds will give the soccer membership the inexperienced mild to ship Nou Mestalla, which might spur the membership’s development for generations.

He additionally hailed this as “the clearest expression” of their long-term dedication to Valencia, and “a mirrored image of the belief and confidence the membership now instructions in world monetary markets.”

In a press launch, Valencia acknowledged that the excellent financing for the Nou Mestalla consists of a €237 million observe issuance with a 28-year maturity, in addition to a €85 million mortgage with a five-year time period.

Proceeds from the sale of the land beneath the present stadium, following the completion of the brand new one, might be used to repay the mortgage.

Turning into a world-class multifunctional venue

Valencia has been enjoying on the Mestalla since 1923, which was initially constructed for 17,000 supporters earlier than evolving to its present capability of 49,430 seats.

In November 2006, Valencia unveiled plans for a brand new stadium situated roughly 5 kilometres from the Mestalla, with building scheduled to start in August 2007. Nevertheless, building stalled in February 2009 due to the membership’s monetary struggles.

The Mestalla is the oldest stadium nonetheless in use by a La Liga membership and has fewer than 500 hospitality seats out there on the market, whereas the brand new Nou Mestalla will characteristic 6,500 such seats.

On the Nou Mestalla, the membership additionally plans to host a various vary of occasions, together with leisure and leisure actions, enterprise conferences, conferences, and exhibitions.

Valencia can also be actively pursuing new income streams by means of naming rights, founding companions, premium hospitality enhancements, and immersive digital fan experiences. Based on Kiat, the brand new stadium is anticipated to develop their present income by greater than 3 times.

“Nou Mestalla received’t simply open on match days—it is going to be alive 12 months a yr,” he added.

Designed to match the requirements of the world’s high multifunctional venues, the brand new stadium is anticipated to turn into the central hub for sport, leisure, and leisure within the metropolis and throughout the broader Valencia area.

In 2014, Peter’s Meriton Holdings acquired Valencia, successfully rescuing the membership from monetary collapse following years of mismanagement.

Valencia credit the 72-year-old with contributing over €200 million, probably the most by any single particular person in La Liga’s historical past. This has helped the membership stay financially steady and proceed investing in main initiatives, such because the Nou Mestalla, which resumed building in January 2025.