Valencia CF set to leave Mestalla

Valencia CF has moved the long-delayed Nou Mestalla project from plan to active construction, putting a firm timeline on the club’s exit from Mestalla after more than a century. The club said on January 10, 2025 that work had resumed on the new stadium and that it was targeting an opening in the summer of 2027. On June 26, 2025, Valencia said it had secured €322 million in financing to complete the project. Those steps make the departure from Mestalla, the club’s home since 1923, less a distant proposal than an operational transition already underway. ### When did Valencia make leaving Mestalla a real timetable rather than a concept? January 10, 2025 was the date Valencia CF used to mark the restart of works at Nou Mestalla. In the club’s statement, Valencia said FCC Construcción would oversee the build and that the new ground was scheduled to open in the summer of 2027. (valenciacf.com) June 26, 2025 was the date Valencia said it had completed the financing package for the stadium. The club said the structure totaled €322 million, made up of €237 million in notes with a 28-year maturity and an €85 million five-year loan. Valencia said the short-term loan would be repaid from the sale of the land on which Mestalla stands after the new stadium is completed. (valenciacf.com) ### Why is leaving Mestalla such a big break with the club’s past? May 20, 1923 was the date Mestalla opened, according to Valencia CF’s history page. The club said the stadium began with a friendly against Levante FC and replaced its earlier Algirós ground. Mestalla is still presented by Valencia as “the oldest stadium in the first division” on the club’s current venue page. (valenciacf.com) Valencia’s history of the ground traces expansions, war damage, postwar rebuilding and later renovations, which is why the move carries weight beyond a standard stadium change. ### What exactly is Valencia building at Nou Mestalla? (valenciacf.com) Nou Mestalla is planned as a 70,044-seat stadium, Valencia said in its January 2025 announcement. The club said the venue is designed to host top-tier FIFA and UEFA matches and major events, with more than 6,500 hospitality seats and year-round commercial uses including restaurants, leisure areas, a megastore, a museum and an auditorium. (valenciacf.com) October 11, 2024 was another key step in the process. Valencia said it presented more than 1,500 plans and 4,500 pages of project documentation to Valencia’s city council, calling that submission the step before construction resumed. ### How is Valencia paying for it, and what happens to the old ground? €322 million is the figure Valencia gave for the full financing package in June 2025. (valenciacf.com) The club said the transaction was one of the most significant ever completed by a professional football club in Spain and that the new stadium was expected to generate more revenue than the current Mestalla facility. That revenue claim comes from Valencia’s own financing statement. (valenciacf.com) The Mestalla site is central to the funding plan. Valencia said the €85 million five-year loan would be repaid with proceeds from the sale of the land where the current stadium stands once the club has moved into Nou Mestalla. (valenciacf.com) ### What signs are there that the project is still advancing now? May 7, 2026 is the latest construction milestone highlighted on Valencia’s website. The club said Nou Mestalla had installed auxiliary scaffolding for cable assembly ahead of lifting the large roof structure. May 2026 also showed the club still presenting the move as an active, near-term project. (valenciacf.com) Valencia’s official site continues to group Nou Mestalla updates with first-team news and commercial announcements, including a stadium partnership with elevator company Otis on April 23, 2026. ### What happens next, in practical terms? Summer 2027 is the opening window Valencia has publicly attached to Nou Mestalla. (valenciacf.com) The club has said the new ground will become its home then, and its June 2025 financing statement links the next financial step after that move to the eventual sale of the Mestalla land. (valenciacf.com)