Colombian Categoría Primera A football club Millonarios has revealed that it plans to develop its own stadium.
The plans were revealed by the Bogota club at its general assembly this week. Millonarios currently shares the city-owned Estadio El Campín (pictured) with fellow Primera A team Santa Fe, but president of the club’s board of directors, Gustavo Serpa, said it will have its own stadium in time for the 2025 season.
Serpa stated that the new stadium will be located in the north of the capital and will also include a hotel and shopping centre. In order for work to be successfully completed, he noted the project will require the cooperation of several partners.
“The stadium project will cost between $175m (£131.8m/€154.4m) and $200m and will require a large structuring effort,” Serpa said, according to Colombian newspaper La Republica. “We have already linked with experts in stadium construction.”
The Estadio El Campín has a current capacity of around 36,300 and Millonarios has played at the facility since it opened in 1938.