Valencia CF has secured full financing to complete the construction of Nou Mestalla. The club finalized its financial strategy through a corporate bond issuance worth €237 million and a 5-year loan of €85 million. The total capital raised stands at €322 million – exactly the amount required to finish the long-delayed stadium project.

A historic deal marks a new era

The 28-year maturity bonds were sold to investors from the United States. Part of the loan will be used to repay a previous €65 million bridge loan. Valencia plans to repay the new debt primarily through revenue from the sale of the current Mestalla stadium land, once the Nou Mestalla is completed. The project is scheduled to be finished by summer 2027. In addition, the club still has €80 million available from La Liga’s agreement with CVC Capital Partners, which will also be invested in the stadium.

Club president Kiat Lim, son of owner Peter Lim, described the operation as a historic milestone and emphasized its importance for Valencia's long-term development. The club was advised by Bibium Capital (financial advisory), Addleshaw Goddard (legal), Beka Titulización (fund management), and Goldman Sachs (structuring). La Liga also provided institutional support throughout the process. The deal received a BBB investment-grade credit rating from a European agency specializing in sports infrastructure.

© Fenwick Iribarren Architects / Valencia CF