The Estonian-Latvian real estate developer Invego has reached an agreement to purchase Skonto Stadium, with intentions to transform the location into an urban district that links historic Riga with Skanste. According to the firm, football matches will persist at the venue across a five-year span while officials search for a resolution to establish a new national stadium.
Invego chief executive Kristjan-Thor Vähi explained that getting the redevelopment ready will require a minimum of three to five years. He stated that the existing Skonto Stadium will stay accessible for football over the coming five years until Latvian football secures a new, modern home. However, his statements do not provide a guarantee that a replacement national stadium will actually be constructed within that timeframe.
Vähi noted that he has already briefed Latvian Football Federation president Vadims Ļašenko, alongside the head of the Riga City Council’s urban development committee and the municipality’s chief architect, regarding the project. He expressed his belief that this five-year window should offer them adequate time to determine a path forward. Back in September, Ļašenko had pointed to the Skonto location as his top choice for a national stadium, arguing that the current infrastructure could be utilized in a future reconstruction effort.
SOURCE NAME: balticfootballnews.com
Source: balticfootballnews.com
