General contractor still needs to be selected, but if all goes as planned, groundbreaking works on new Flórián Albert stadium should start in mid-March. It's expected to be among the cheapest and still most modern in its class.

The vision of Ferencváros's new stadium has been drawn up in 2012. Of course we're not counting numerous previous projects that never came to fruition. Especially that this one can finally break the deadlock.

Funding of HUF 14 billion (€48m, $64m) is to come from Hungary's fiscal reserve, with payments divided in two halves, to be paid for works carried out in 2013 and 2014. Authorities hope the cost may be kept even lower than estimated, at HUF 10 billion (€34m, $46m). “This case is not only one of Europe's most modern, but also cheapest 22,000 stadium”, said Fürjes Balazs, commanding the investment.

Contractor tender is expected to end in February, allowing for works to start in mid-March. The single-tiered stands should be opened for the public in 2014.