Lazio ‘to fund’ €480m Stadio Flaminio with bank debt and shareholder cash | OneFootball

Details of how Lazio plan to raise €480m for the Stadio Flaminio renovation have emerged, with most of the money slated to come from bank financing. According to Il Sole 24, the Rome club would combine external debt with shareholder funds.

The club has recently made significant bureaucratic progress towards a final green light from Rome’s City Council and last month unveiled the project alongside its architects. At that launch, president Claudio Lotito offered only a vague answer on funding.

Banks and institutions are expected to provide about €284m, roughly 59% of the investment, which would leave the club carrying substantial debt. The plan is to repay it gradually from stadium revenues over a period of between 60 and 90 years.

The remaining 41% is slated to come from internal financing, with shareholders expected to contribute €75-80m through loans or equity.

Lotito intends to create a new company, NewCO, to build and manage the stadium as an independent vehicle, insulating the existing club company from any financial repercussions linked to the project.

The report expects funding to be in place by 2027, when construction is projected to begin. Lotito is hoping for completion in 2031 and is dreaming of hosting Euro 2032 at the revamped ground.

Source: The Laziali