New La Liga Side Atlético Stadium Construction Will Be Impacted By Madrid 2020 Bid's Failure

The Madrid 2020 Olympic bid "faltered at the first round of votes in Buenos Aires on Saturday," but La Liga side Atlético Madrid’s stadium move "will not be affected," according to INSIDE SPANISH FOOTBALL. The new Madrid Olympic Stadium, utilizing aspects of the "existing construction at Estadio La Peineta is already well under construction." Atlético Madrid is "set to relocate to this stadium" by the '15-16 season in a move that "will be funded by the redevelopment of their existing Estadio Vicente Calderón home" (INSIDE SPANISH FOOTBALL, 9/7). In Madrid, Alberto Barbero reported Atlético believed that had the IOC chosen Madrid to host the 2020 Olympics, "the decision would have sped up the construction of the new stadium and improved the new stadium's environment and access." Saturday's IOC decision "evidently has other direct effects on Atlético, which owns the stadium that would have been an important site during the Olympics as host of track and field events and the opening and closing ceremonies" (MARCA, 9/8).