New Feyenoord stadium in doubt
Plans for a new stadium for Rotterdam’s Feyenoord football club have been thrown into doubt after D66 councillors in the port city said they would not back the project.
D66 are part of Rotterdam’s ruling coalition and their decision makes it doubtful the city council will be able to muster a majority for the €165m guarantee necessary to ensure the development goes ahead.
The party says it thinks the plan is too risky and there is not enough benefit to the city itself in terms of the economy, sport and jobs.
The new stadium is costing almost €400m and the council has been asked to guarantee €165m. In addition, the council will need to invest €35m in the land and €36m in local infrastructure improvements, the Volkskrant says.
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