Greatest Stadium on Hold as Credit Dries Up

15 March 2009 (Last Updated March 15th, 2009 18:30)

Valencia Football Club's new stadium in Spain has joined the growing ranks of big name projects to hit problems due to credit shortages. The 75,000-seat stadium, designed by Madrid-based Reid Fenwick Asociados currently stands half built after the club ran out of funds. The stadi

Valencia Football Club's new stadium in Spain has joined the growing ranks of big name projects to hit problems due to credit shortages.

The 75,000-seat stadium, designed by Madrid-based Reid Fenwick Asociados currently stands half built after the club ran out of funds.

The stadium was originally scheduled to be built in time for the 2009-2010 football season but this was pushed back until the 2010-2011 campaign.

The stadium, which has a pitch dimension 105m×68m, has been designed to attain five-star status from FIFA. The club's aim was 'to build the greatest stadium in the world'.

By staff writer.