Valencia Eyeing Revenue Boost From New Stadium

Quashing rumours that Singapore tycoon Peter Lim is looking to offload his La Liga club, Valencia announced on June 26 that they have successfully secured full financing for their new stadium, the Nou Mestalla, to the tune of €322 million (S$480.1 million).

- David Lee

Slated to open in 2027, the 70,044-seater will be the fourth-biggest stadium in Spain after Barcelona's Nou Camp (105,000 after redevelopment), Real Madrid's Santiago Bernabeu (81,044), and Atletico Madrid's Metropolitano (70,692). The current Mestalla stadium has a capacity of 49,419.

Valencia president Kiat Lim, who is Peter's son, said in a media statement: "This marks a historic milestone for Valencia CF. Securing this landmark financing gives us the green light to deliver Nou Mestalla—a world-class stadium that will power the club's growth for generations.

"It is the clearest expression of our long-term commitment to Valencia, and a reflection of the trust and confidence the club now commands in global financial markets. With this agreement, we are building more than a stadium—we are building the future of Valencia CF."

In the statement, Valencia said "the outstanding indebtedness transaction" for the Nou Mestalla has been structured through the issuance of notes with a maturity of 28 years for €237 million, and the subscription of a five-year loan for €85 million.

The loan will be repaid with proceeds from the sale of the land on which the current stadium stands after the new one is completed.