Valencia Football Club’s new stadium has joined the growing ranks of high-profile projects in Spain to hit the buffers
Designed by 3DReid’s former sister company, Madrid-based Reid Fenwick Asociados, the 75,000-seat development currently remains half-built after the club ran out of money.
It is understood Valencia FC owes more than £460 million – including around £20 million to the construction company building the stadium.
The stadium was originally due to complete in time for the 2009-2010 seasons. However, this was pushed backed until the 2010-2011 campaign, although that is now looking unlikely too.
When first unveiled by the AJ back in November 2006, the twin-skin design was described by the club as ‘the best stadium in the world’, providing ‘perfect sightlines for all spectators’.
Mark Fenwick, of Reid Fenwick, told the AJ: ‘We are not certain when the contractor will resume full speed.
‘We believe the club is carrying out a viability study in these two weeks and should give us an answer by the end of next week.’