Stadium of one billion euros in a capital in Europe! Mega-project of sensation put on the way

Article by Romeo Ene – Published on Friday, June 27, 2025, 12:00 / Updated on Friday, June 27, 2025 12:00
Three years ago, in Belgrade, the capital of Serbia, the construction of an ultramodern stadium began. The project was encountered with enthusiasm and huge expectations. However, more than three years since the beginning of the works, many call this project “a monument left in the pit”. It seems that for now the costs are huge, but the progress is extremely slow.
The new stadium would have a capacity of 52,000 placesbeing built according to UEFA standards to be able to host major international matches, including Champions League finals or European Championship.
The 3D projects of the project had a modern arena, with elegant architectural lines and state -of -the -art technology.

Photo gallery. Ultramodern stadium in Serbia, which will end up costing a billion euros

Initially the Serbia government has announced that the stadium would cost around 250 million euros. However, according to Sportsrender.com and the available public documents, the cost has already exceeded 400 million euros, and the project is not even completed 10%. This means that the investment will exceed one billion euros.
The works began at the end of 2023, but by the middle of 2025, the progress was more disappointing. According to official reports, only certain parts of the concrete structure have been raised, many areas showing like a simple construction site.
What would be the causes:
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Frequent project changes and new architectural requirements
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Problems with auctions, including delayed payments and lack of workforce.
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Unforeseen costs for infrastructure (roads, sewerage), which were not initially included in the budget.

The opposition parties in Serbia have harshly criticized the project, calling it a “wrong priority” in a country where hospitals, schools and roads need urgent investment. “A country that builds a stadium before other priorities goes in the wrong direction,” said an independent political analyst for the local press.
Officially, the authorities still trust the project and promise that the stadium will be ready “until 2026.” But many construction experts and media institutions claim that a realistic term would be 2028 or even later, if the current pace is not considerably accelerated.




