A while back, I covered the unknown future of Valencia’s Nou Mestalla, a stadium left in development hell for over a decade due to financial issues. The Ministry of Territorial Policy, Public Works and Mobility proposed a €2.3million fine to the club which, while not specifically about the unfinished stadium, related to an unfinished hotel planned for the site.
But there might be light at the end of the tunnel for Valencia as will receive around €125million from La Liga in the form of a loan which has to be spent mainly on infrastructure. The club currently has an ATE (Actuación Territorial Estratégica) in place which isn’t likely to be expired early nor extended further.
Minister of Economy Rafael Climent backs the club to finish but has given them 2 months to do it:
“We have just denied the extension after some allegations from the club to the first refusal and we are in a process in which Valencia have the possibility of filing an administrative dispute.
“The club has two months to carry out this procedure.”
For many years, the city have been desperate for Valencia to finish the stadium, and the building site has not been a great look, albeit it is located on the outskirts in a neighbourhood named Benicalap.
At this stage, Climent is not willing to grant Valencia an extension, but he is in favour of Valencia finishing the stadium.
The denial of the extension is likely a move to put Los Ché in a position where they must make a commitment before the allotted time runs out, rather than kicking the can further down the road again.
¡Buena suerte a Los Ché!