Full speed ahead for the new Mestalla Valencia – The deal that unlocks everything

The new Mestaia for the first time in recent years it seems more likely than ever to be completed. According to the Spanish media, Valencia came to an agreement with Goldman Sachs for the repayment of the loan it has taken which essentially gives it a big push to move forward vigorously in the completion of its new stadium.

What did he accomplish? After negotiations managed to “freeze” the loans for the time it will take to finish its new stadium and start using it. However, for this to happen and for the American company to have a guarantee that it will get its money, Valencia agrees that the during the first years of operation of the new Mestaia, the profits that will come from its commercial uses will be received by Goldman Sachs.

Proceedings, Valencia according to the agreement, it has two to four years from now to complete the project without giving a single euro to repay the loan with all its money going to the stadium works.

It is estimated that the July 2027 the stadium will be completed with team officials believing that revenue from season tickets (a percentage of which will go towards the loan) will amount to five million while revenue from restaurants and other commercial uses of the stadium will be at least 35 million euros. Which means that for the first two years, Valencia will not get any money from the use of the stadium, however, if things go well in 2029, it is quite possible that they will have repaid all of their loan.

Of course there are also people who dnot considered advantageous such a deal as there will be no revenue coming into the team for the first few years of the stadium, however it seems that these voices have bowed to the strong possibility that the team will leave the quagmire they are in a few years from now, hoping that this will also work in their favour. of a change in the management of the team something that almost all of its fans want.