Valencia CF Secures €332M Financing for Nou Mestalla Stadium
Deal News | Jul 01, 2025 | Iberian Lawyer
DLA Piper has played a pivotal role in the €332 million financing deal for Valencia Club de Fútbol’s new stadium, the Nou Mestalla. This complex transaction involved securitizing future business operations related to the stadium and included significant contributions from a consortium of institutional investors led by Goldman Sachs. This financing package also complements Valencia CF's other financial maneuvers, such as a €121 million corporate credit line and a €65 million bridge loan, all aimed at bolstering their strategic efforts to modernize and expand. The new stadium is planned to meet FIFA's highest standards and accommodate over 70,000 spectators, incorporating diverse services akin to the latest multi-functional venues in Europe. DLA Piper's cross-border legal team orchestrated the deal, with Andres Lorrio leading in Spain and Charlotte Lewis-Williams in the UK. This initiative signifies the broader trend of transforming stadiums into modern, multi-use facilities and marks a substantial milestone in sports finance.
Sectors
- Sports and Entertainment
- Finance and Investment
- Legal Advisory
Geography
- Spain – The primary location of the transaction, as the Nou Mestalla stadium is situated in Valencia, Spain, and involves entities operating within Spain.
- United Kingdom – DLA Piper's legal team includes participants based in the UK, highlighting cross-border collaboration.
Industry
- Sports and Entertainment – The article concerns the financing of a football stadium for Valencia CF, a major participant in the sports and entertainment sector.
- Finance and Investment – The involvement of DLA Piper, Goldman Sachs, and other financial entities in a complex securitization financing transaction places this article within the finance and investment sector.
- Legal Advisory – DLA Piper’s legal advisory role in structuring the financing of Valencia CF's stadium places this article within the legal services sector.
Financials
- €332 million – The financing amount structured through a Spanish securitization fund for the construction of the Nou Mestalla.
- €121 million – A long-term corporate credit line secured by Valencia CF.
- €65 million – A short-term bridge loan obtained by Valencia CF.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Valencia CF | Target Company | Companies | A professional football club in Spain that is developing the Nou Mestalla stadium. |
| Goldman Sachs | Global Coordinator and Placement Agent | Companies | Leading the consortium of institutional investors in the €332M financing of Valencia CF's new stadium. |
| DLA Piper | Legal Advisor | Companies | Provided legal advisory services for the financing transaction of the Nou Mestalla stadium. |
| Andrés Lorrio | Partner, Madrid | People | Led the cross-border legal team for DLA Piper in Spain. |
| Charlotte Lewis-Williams | Partner, London | People | Led DLA Piper's finance team in the UK for the transaction. |