The project “Around Boedo” is still underway and is advancing with the creation of a trust, which must be approved at a members’ Assembly at the end of the month.
San Lorenzo agreed to create a trust with BICE Trustsa company that is in charge of regulating this instrument, for the construction of the stadium in Boedo although this deal must be approved in an Assembly on July 31.
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After several meetings between the two parties, this Monday a successful negotiation was reached in the meeting in which they participated Horace Arreceygor -President of San Lorenzo-, Miguel Mastrosimone, Sergio Constantine, Cesar Francis, Jorge Balsas -general manager of the tour-, Ruben Iglesias and Ariel Bonina representing the club groups. In this last meeting, the details could be finalized to reach a final agreement.


San Lorenzo resumed the construction plan for the stadium in Boedo
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CONTRACT AGREED BETWEEN SAN LORENZO AND BICE TRUST
Another big step towards the dream of the new stadium on Av. La Plata: in the last meeting with BICE, the Trust that will protect the funds for its construction was agreed.
Now it will go up to the Assembly on the 31st of this… pic.twitter.com/1rwEdtn9Lx
— San Lorenzo (@SanLorenzo) July 17, 2023
as announced San Lorenzo in their official networks, “The funds that are deposited in the Trust will be destined exclusively to the Master Plan whose main work is the construction of the stadium on Avenida La Plata. There will be multiple types of income, with three stages of contributions and different scales of contributors, all protected and managed by the BICE”.
Even so, there is one more step to go before the agreement begins to translate into facts and that is that This must be approved in an Assembly that will be held on July 31. In the event that its creation is endorsed, the project will begin to be developed between the “Cyclone” and BICE.
Source: Ambito

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