Guangzhou_Evergrande_Football_Stadium

Guangzhou Evergrande Football Stadium

Guangzhou Evergrande Football Stadium

Football stadium

For other uses, see Evergrande (disambiguation).

The Guangzhou Evergrande Football Stadium was a football stadium under construction in Guangzhou, China as the future home venue of Chinese professional club Guangzhou F.C. The construction of the 12 billion yuan (US$1.7 billion) stadium began on 16 April 2020.[1] The design of the lotus-shaped stadium was that of Shanghai-based American architect Hasan Syed.[2] The stadium would have had a seating capacity for 100,000 people and was planned to open in December 2022.[1][3]

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In September 2021, the Evergrande Group said that the construction of the stadium would still proceed despite the company's liquidity crisis.[4] In November 2021, the stadium was seized by the Chinese government with plans to sell the incomplete stadium to another company or transfer ownership to the state-owned Guangzhou City Construction Investment Group. At that time construction of the stadium was reportedly halted for at least three months already, contradicting Evergrande's earlier statement.[5]

In mid-2022, due to the Chinese property sector crisis, sparked by the Evergrande Group, the project was cancelled.[6]

References

  1. [1]
    "Bigger than Camp Nou: Guangzhou starts work on 100,000-capacity stadium". Channel News Asia. 16 April 2020. Retrieved 17 April 2020.
  2. [2]
    Duerden, John (17 April 2020). "Chinese club Guangzhou Evergrande building world's biggest stadium for $1.7bn". ESPN.com. Retrieved 17 April 2020.
  3. [3]
    "Guangzhou to build China's largest professional football stadium - China.org.cn". www.china.org.cn.
  4. [4]
    "China Evergrande says stadium construction proceeding as planned". Reuters. 28 September 2021. Retrieved 19 March 2022.
  5. [5]
    "China Evergrande soccer stadium taken over by government -source". Reuters. 26 November 2021. Retrieved 19 March 2022.
  6. [6]
    Cook, James (5 August 2022). "Evergrande cancels football stadium deal and receives $818m – will this stave off a collapse?". Business Leader. Retrieved 10 December 2022.
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