Back in 2008, a three-way agreement was made between the Madrid City Hall, Mahou and Atlético de Madrid.
The agreement was that Mahou and Atlético would part with their lands in the south of the city, in order for the city of Madrid to construct a new neighbourhood boasting a huge park and several high-scale apartments.
The move to Atlético’s new stadium was said to be in 2012, but we are currently in 2014 and La Peineta is not yet completed.
Just a few months ago, the move was said to be completed in the 2016/17 season.
The move to La Peineta has once again been postponed—this time until the 2017/18 season.
Rumours spread out that the construction had been completely paralysed, but Atlético de Madrid executives were quick to state otherwise. According to the club, the construction has only been slowed down and not halted like rumours suggested.
The contracting company, FCC, asked Miguel Ángel Gil Marin if the company constructing the stadium could delay the completion for a few months, and Atlético de Madrid accepted the offer.
One of the reasons why the delay is happening is that the entrances to the stadium wouldn’t be properly urbanised. Therefore making it awkward, ugly and difficult for the Atleti faithful to make their way into the stadium.
The delay would allow the stadium to be perfect for the beginning of the 2017/18 season.
Another reason for the delay is the complications arising in the Mahou-Calderón park redevelopment. The city of Madrid will be urbanising the area where the Vicente Calderón now stands and where the old Mahou brewery used to be.
The city’s plans is to make an upscale neighbourhood on the bank of the Manzanares River; however, the Superior Justice Court intervened in the process by stating that no building may be higher than four stories. This caused a serious step back in the regeneration plans for the new neighbourhood and La Peineta as well.
By agreeing to give away the Vicente Calderón land to the city of Madrid, the costs of constructing La Peineta is zero. Atlético de Madrid ‘supposedly’ does not have to pay a penny for the relocation.
The city, club and FCC are sure that the new stadium will be completed by 2017/18 season. But we’ve heard all this before – and we don’t know if we can trust what they say.