Feyenoord drops plans for new stadium

A general view during the Eredivisie match between Feyenoord and Ajax (Photo by Dean Mouhtaropoulos/Getty Images)

Dutch Eredivisie football club Feyenoord has officially called off plans for a new 63,000-seat stadium and has also confirmed that its current home, De Kuip, will not be renovated.

Feyenoord said it would be “irresponsible” to proceed with the construction of a new stadium on the banks of the River Maas. The club also said a major renovation of De Kuip would be unfeasible due to “enormous uncertainties” surrounding the current financial market.

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