Cypriot soccer giants Apoel on Friday unveiled its plans for the brand new stadium it’s set to construct.
The stadium can be positioned within the village of Kokkinotrimithia and could have an preliminary capability of 14,669 seats, with an eventual deliberate enlargement to 19,269. Of that capability, there can be a complete of 1,926 VIP seats.
Building of the bottom is ready to price a complete of €35 million, with works set to take 30 months.
The Republic of Cyprus is ready to pay for between 30 and 35 per cent of the development price, with Cypriot American businessman Constantine Iordanou to pay for 49 per cent of the remainder of the venture.
Apoel stated that it’s nonetheless “making an effort” to seek out sponsors to pay for the rest of the development price.
Talking on the venture launch, Apoel chairman Prodromos Petrides stated “as we speak marks a milestone. It is a lifelong dream come true for me, despite the fact that I may have given up on it many occasions. But it surely was a non-negotiable purpose.”
He added: “Apoel will proceed to win titles and have European successes, however the initiatives which is able to kind the foundations of those successes want endurance. It’s time to cease pondering of the stadium as an elusive dream.”
Iordanou additionally spoke on the launch, saying “I left Cyprus 54 years in the past. I’m 74 years previous. Not a single day handed the place I didn’t bear in mind our Cyprus. I’ve been an Apoel fan since I used to be a baby.
“I share the Apoel household’s dream … This can be a jewel for Nicosia and can give alternatives not just for Kokkinotrimithia and Nicosia, but in addition to many youngsters who need sport to be part of their life,” he stated.
Apoel have performed on the GSP Stadium in Latsia since 1999, which they share with arch-rivals Omonia. Previous to that, they performed on the Makarios Stadium in Makedonitissa between 1978 and 1999, and on the previous GSP Stadium in central Nicosia earlier than that.