“It generates fear and uncertainty” – Levante's financial director explains the strategy behind major stadium renovation
Alamy | Levante-players trying to close down Vinicius Jose Paixao De Oliveira Junior of Real Madrid when the two clubs met last weekend in a 3-3 draw.
LaLiga side Levante have made bold stadium renovations, installing a new roof, scoreboard and a public address system.
Financial director Ignacio Garcia says there's more to come, with commercial zones, hospitality spaces and construction on a new training complex planned for next year.
Having lived in the shadows of club neighbours Valencia for so long, their €30 million investment demonstrates lofty ambitions at a tough time for football economically.
Ignacio Garcia believes the €30 million invested in the stadium will return a profit in five or six years.
31 August 2021 - 7:04 PM
Get smarter in minutes. Straight to your inbox
21-day free trial
Activate instantly with the link we’ll send you.