KNOW MESTALLA | Valencia announces the sale of commercial space

Valencia Football Club announces the sale of the Nou Mestalla commercial area to complete the construction of the stadium.L-EMV

He Valencia reached an agreement with the group Atitlan Real Estate Development For sale of tertiary land applications to new Mestalla V Avenue of the Valencian Cortes. This is an area reserved for commercial activity in the vicinity of the new stadium and Its sale will make it easier for the club to complete work on the football field.ceased in 2009.

Nou Mestalla at the end of the World Cup

According to a statement from Valencia Football Club, The agreement reached by both parties is subject to approval by city planning instruments and licenses. necessary for the development of both the stadium and the tertiary buildings planned by the land purchaser.

The club claims that this was a process long negotiations what do they think”a big step forward for Valencia Football Club towards the resumption and completion of work on the future home of Valencia.helps too arrange one of the main entrances to the citywith a project that will undoubtedly contribute boost the region’s economy“. “He Valencia keep taking steps forward make Nou Mestalla a reality“, the statement ends.

The city council ruled that requiring a deposit from Valencia for the Nou Mestalla was “contrary to the law.”

Announcement about Valencia it is produced just a day after the Valencia City Council held a debate wherein doubts from Valencia’s political parties about the club’s reliability regarding his intention to complete the stadium. The opposition demanded guarantees from the club that work would begin, and the government team presented a report from the municipal secretariat, according to which this approval was illegal.

Now, with this announcement of the sale of the commercial part, the club demonstrates its readiness to complete the construction of the field and puts on the table a “guarantee” of a commercial operation worth many millions.