Financing the 49ers Stadium
A Smarter Stadium for the Red and Gold
The San Francisco 49ers have a history of playing championship football, and in a few years they will have a new state-of-the-art stadium befitting the team’s legacy.
Working in close coordination with the City of Santa Clara and the 49ers Stadium Company, Goldman Sachs acted as Joint-Lead Arranger for an $850 million loan for the financing of a new facility that will replace Candlestick Park — the oldest nonrenovated stadium in the NFL. With our help, the City of Santa Clara and the 49ers were able to create a stronger credit structure that ultimately achieved a lower funding cost.
Set to open in late 2014, the new home for the 49ers aspires to be the first LEED-Certified NFL stadium. The venue, which will also host conferences and concerts, will feature state-of-the-art technology and smart infrastructure design to help lead the league today and in the future.
"We’re not going to try to be the biggest and the baddest, but the smartest," says Bob Lange, Director of Public Relations for the 49ers. "The new Santa Clara stadium will not only incorporate the best hardware available but also have the ability to adapt to ever-changing technology."