Valencia CF Secures €322M Financing Deal to Complete Nou Mestalla Stadium by 2027.

Roger Hampel

Photo Credit: Valencia CF

Valencia CF has finalized a landmark €322 million financing agreement to complete the long-delayed Nou Mestalla, positioning the project as one of the most significant football infrastructure investments in Europe. The new stadium, scheduled to open in 2027, will host over 70,000 spectators, feature premium hospitality zones, and anchor a multifunctional complex aimed at maximizing long-term revenue generation.

According to the club, the deal marks a historic moment in Valencia CF’s modern development and is expected to reshape its financial trajectory for decades to come.

Multi-Source Financing Model with Long-Term Vision

The financing operation, structured with global capital markets in mind, consists of:

• A €237 million bond issuance with a 28-year maturity

• A €85 million short-term loan (5 years), to be repaid through proceeds from the sale of the old Mestalla site

The structure provides a number of strategic advantages:

• Non-recourse financing, meaning it does not place obligations on the club’s sporting or operational assets

• Long-term stability, reducing refinancing risks and enabling the stadium’s own performance to cover debt servicing

• Flexible cash flow model, releasing excess capital for corporate growth after debt obligations are met

  
  

This approach provides Valencia with financial independence, while allowing the Nou Mestalla to serve as a self-financing asset.

Stadium as Economic Catalyst and Brand Platform

Designed to be one of the largest stadiums in Europe, Nou Mestalla will:

• Serve as a hub for sports, entertainment, and hospitality

• Feature nearly 10% hospitality seating, elevating matchday revenue potential

• Offer FIFA-compliant infrastructure, suitable for international events

  
  

The facility is not just a football stadium but a strategic revenue-generating asset, enabling Valencia CF to compete commercially with European peers in broadcasting, partnerships, and venue operations.

Investment Grade Rating and Global Backing Valencia €322M

The project’s financial credibility is supported by a BBB (Investment Grade) rating from an unnamed agency specializing in European sports infrastructure. The financing was coordinated with leading international institutions, including:

• Goldman Sachs (structuring agent)

• Bibium Capital (financial advisor)

• Addleshaw Goddard (legal counsel)

• Beka Titulización (fund manager)

  
  

In parallel, LaLiga provided institutional support during the negotiation and approval phases, helping align the project with the league’s broader financial oversight mechanisms. Valencia €322M

Strategic Positioning in the Spanish and European Landscape

With the Nou Mestalla, Valencia CF is not only completing a long-pending project, but also transforming its commercial identity. The stadium will enable the club to:

• Multiply matchday and non-matchday revenue streams

• Attract global partners and event organizers

• Strengthen its valuation and institutional credibility in international capital markets

  
  

Kiat Lim, President of Valencia CF, stated:

“This operation marks a historic milestone for the club. Securing this financing gives us the green light to realize Nou Mestalla—a world-class stadium that will drive growth for generations. This is the clearest expression of our long-term commitment to Valencia, and a reflection of the trust we’ve earned in global financial markets.”