By Adam Woodward •
Published: 29 Nov 2024 • 8:06
• 1 minute read
A brand new Marbella football stadium, Spain, aims to be a sub-venue for the World Cup in Spain, Portugal, and Morocco 2030.
With an investment of €114.3 million, the Marbella FC Foundation will have the lease on the land for the next 75 years, taking charge of construction and demolition of the old Antonio Lorenzo Cuevas stadium. In return, the Marbella City Council will receive an annual rent fee of €221,510.
The project s finance department predicts income of €9.8 million during the first year and €17.3 million by the fifth. Marbella Council estimates that between 1,600 and 2,300 new jobs are expected to be generated, with a GDP impact of between €36 million and €50 million per year.
Approval of new urban planning rules in Marbella has expanded the project, taking its capacity from 8,000 to 10,000 fans. Featured on the typically Marbella style of luxurious building are a 90-room hotel, event halls, a high-level roof-top restaurant, and a lobby bar. Additionally, the space will have a 1,000-space car parking, a shopping area, and a 1,500 square metre sports centre and gym.
Marbella Football Club Foundation assures that this is in the interests of the public as its profits are reverted to the foundational: promoting Marbella s grassroots sports; enhancing the city s tourism image; and developing programs for young people at risk of social exclusion.
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Passionate about music, food and the arts. After being completely immersed in the Spanish way of life for 25 years, I now share my knowhow and experience with you.
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