The company managing the great stadium of Nice, the Allianz Riviera, inaugurated in 2013, has been placed in the safeguard procedure, due to the economic air hole caused by the health crisis, we learned Thursday from this subsidiary of the Vinci group.
"The safeguard procedure results from the impact of the health situation on the activity of the stadium," said Nice Eco Stadium, which initiated this procedure with the Nice commercial court on May 6, confirming information from Nice- Morning.
Closed since the first confinement, the stadium had a turnover of 21 million euros in 2019, the reference year.
The Allianz Riviera is a 36.178 seat multifunction stadium with a commercial capacity of 35.624 seats for football. The resident club is OGC Nice. Apart from sporting events, the stadium can host other events such as concerts or shows. Asked by AFP, the town hall of Nice made no comment.
The large stadium in Nice was built on the basis of a public private partnership (PPP) and was one of the venues for Euro-2016 football.
In 2015, the Regional Chamber of Accounts (CRC) of Provence-Alpes-Côte d'Azur issued a severe report on the legal conditions for using this partnership and the partner selection procedure. But in 2020, the national financial prosecutor's office concluded that there was "no offense" and closed its investigation without follow-up.
Selection of products
To read also
-
Eight injured after 6,3 magnitude earthquake hits western Japan
-
Charente-Maritime: ten months after the earthquake, the dismay of the victims
-
Casablanca, a concentrate of “avant-garde” architecture to be preserved
-
Expo 70 in Osaka, Japan, a memorable success hard to match
-
Five dead in fire in crowded Hong Kong building
-
A year after the collapse of their building, the struggle of those displaced from rue de Tivoli
-
Subletting during the Olympics, “it puts truffle butter in the spinach”
-
Future of Plaza on M6: the outgoing boss of the channel says he is waiting for the judgment
Popular News
-
Is the investment in stone going against the wall?
-
The mortgage rate fell in February, for the first time in 1 years
-
Building and real estate: a sector plagued by crises but whose ecological transition is underway
-
As the world burns more fossil fuels than ever, persistent obstacles hamper the race for renewable energy
