The future stadium Louis-Nicollin will cost 150 million euros – Foot – Ligue 1

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Published on Thursday, July 5, 2018 at 15:52

The mayor of Montpellier, Philippe Saurel, announced that the future stadium Louis-Nicollin should cost 150 million euros, largely financed by the Nicollin Group and the MHSC

A few days after the first anniversary of the death of Louis Nicollin (June 29th) a press conference was held on Thursday concerning the future stadium of Montpellier which will bear the name of former iconic president of the MHSC. "I promised Louis Nicollin that we would make a new stadium and then I promised that it bears his name because he deserves it so much" said Philippe Saurel, the mayor of the city Hérault.
        

The latter confirmed that the Mosson stadium, currently home to the MHSC, would not be destroyed. It will be "rehabilitated to create jobs what the neighborhood needs" affirmed the edile.
        

As expected, the laying of the first stone should take place next year at the Women's World Cup organized in France. "Because Louis Nicollin was one of the precursors of women's football", said Philippe Saurel who put forward "an unprecedented collaboration between public and private for controlled funding." [19659015] "A structuring project for the club"
                                    

The two main shareholders will be the Nicollin Group and the club on one side (which is expected to contribute 70% of the financing) and the city of Montpellier and the SERM (Montpellier Regional Equipment Company) on the other. . "The group Nicollin and the club will be largely majority", according to the mayor who estimates the cost of the sports complex to "200 M €, 150 M € for the stadium and 50 M € for the sports hall" that will occupy the handball and basketball teams.
        

"It's a structuring project for the club but it's also an investment for the Nicollin family in the city and we're proud" said Olivier Nicollin, one of Louis's two sons, became CEO of the group of the same name. The stadium, whose inauguration is scheduled for the season 2022-2023 should have 30 000 seats as previously announced.

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