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Újpest FC's New Stadium Project Proceeds Unaffected by Hungarian Government Change
🇭🇺 Hungary /Economy & Trade

Újpest FC's New Stadium Project Proceeds Unaffected by Hungarian Government Change

From Magyar Nemzet · (1d ago) Hungarian Positive tone

Translated from Hungarian, summarized and contextualized by DistantNews.

TLDR

  • Újpest FC and MOL are proceeding with plans to build a new stadium and sports complex, despite a recent change in government in Hungary.
  • The new stadium is planned to have a capacity of 18,000, expandable to 22,000, and will meet UEFA's highest standards.
  • The project is privately funded by MOL and is not dependent on state funding, with construction expected to begin before summer.

Despite a recent shift in Hungary's political landscape following the April 12 parliamentary elections, the ambitious stadium construction project for Újpest FC, backed by MOL, remains firmly on track. Club officials have reassured stakeholders that the change in government will not derail their plans for a state-of-the-art sports complex, emphasizing the project's private funding and strategic importance.

The plans for the new stadium are not affected by the change of government.

— Péter RataticsÚjpest FC president, addressing concerns about the stadium project after the Hungarian elections.

Péter Ratatics, the club president of Újpest FC, confirmed that the plans for the new stadium are unaffected by the government transition. He highlighted that the project is a private investment by MOL, not reliant on state funds, and is therefore insulated from political fluctuations. The construction permit process is in its final stages, and Ratatics expressed confidence that building activities will commence before the summer. This assurance is crucial for the club's long-term vision and its supporters.

Our revenues come from less than half from Hungary, Újpest is a subsidiary of MOL. This is not a sponsorship model, and the stadium is not being built with state money, but as a private investment.

— Péter RataticsExplaining the private funding structure of the stadium project.

The planned facility, slated for completion in 2027, will boast a capacity of 18,000 seats, with the potential for expansion to 22,000. Crucially, it is designed to meet UEFA's highest category 4 standards, enabling it to host international club competitions. Beyond the stadium itself, the project encompasses a new training center and aims to create a comprehensive club development concept. This includes fostering a community experience that appeals to fans of all ages, from families and children to older generations. The club's strategic partnership with Red Bull also provides ongoing professional support for infrastructure development, underscoring a commitment to modernizing the club's facilities and enhancing its appeal.

We aim to have the stadium structure in place within a year, and interior construction can begin.

— Péter RataticsOutlining the timeline for the stadium construction.
DistantNews Editorial

Originally published by Magyar Nemzet in Hungarian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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