National League

HC Ambrì-Piotta expects to finalize the paperwork at the end of September. The arena is supposed to be finished by 2021.

New Valascia
HC Ambrì-Piotta

"Once these things are done, we will release a more detailed schedule," Filippo Lombardi stated, as reported by La Regione. If everything goes according to plan, they would like to have their new project underway sometime during October.

The whole project will cost CHF 50 million. CHF 16.5 million will be paid for by the team itself, CHF 12.5 million through public funding, CHF 3 million by PSG 2020, and CHF 21 million will be loaned to them by several banks.

«This is a project designed to meet our needs»
Filippo Lombardi, HCAP's president

In May, the funding of the project had come under scrutiny. The club and the Valascia Immobiliare SA said at the time that they would not comment on ongoing negotiations and would release a statement once they had secured the necessary contributions to the project.

Last Update: 30 August 2018, 07:24 PM | mso/jca