Celta and Vigo Ayuntamiento sign Balaídos concession for 50 years
MARCA reports a deal that keeps Celta Vigo at Balaídos for 50 years, with extensions up to 75.
This Sunday, ahead of Celta’s game vs Málaga, the Vigo City Council and the club signed the concession agreement for Balaídos stadium. As MARCA explains, the terms cover 50 years, with the option to extend up to 75, securing Celta’s presence in their home venue through the rest of the 21st century.
The concession runs long
Mayor Abel Caballero framed the pact as a major milestone: “Today is a historic day in the city because we hand over the concession of Balaídos Stadium, which can reach 75 years, 50 plus 25. Celta will use this stadium for what remains of the 21st century,” MARCA reports.
A stadium for the city
Celta president Marián Mouriño said she was “very moved” and stressed that the agreement reflects a citywide belief it benefits Vigo and the club. She also pointed to the chance to “make Balaídos one of the best stadiums in the world,” as quoted by MARCA.
More than matchdays
The deal goes beyond just guaranteeing Celta’s matches there for at least the next half-century. According to MARCA, the club will also activate the stadium’s operations with business plans starting right away, including concerts, where the Ayuntamiento could help with their launch.
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