On 20 November 2014, it was revealed that the reconstruction is going to start in 2015 and it will be finished in 2016. The Bozsik stadium is the property of the Hungarian state, namely the National Sportcentre. The capacity of the new stadium will be 9,000 and there will be 900 VIP seats, 350 skyboxes, and 100 square metre mixed zone for the press. Óbuda Group was commissioned to plan the new stadium. The planning started in 2014 and fonoshed in the summer of 2015. On 11 October 2018, it was announced that the construction could begin in 2019. On 21 February 2019, the demolition was officially started.
Construction
On 21 March 2019, the construction of the new stadium officially began. At the ceremony Tünde Szabó, minister of sport, and George Hemingway, the owner of Budapest Honvéd, were also present. Tünde Szabó said the stadium would be important both for Budapest and Kispest. Tünde Szabó also sai that it was an incredibly important moment in the history of Hungarian football since both Ferenc Puskás and József Bozsik started their career on this ground. George Hemingway emphasised that the stadium would be opened on 12 June 2020. He also said that every type of official UEFA match could be organised in the new stadiums except forChampions League final match. The new stadium will be able to host 8,200 spectators and the main stand will have three floors. The modern floodlight systems will allow to broadcast matches in HD quality. The constructor companies will be Pharos 95 Sportpályaépítő Kft. and West Hungária Bau Kft. Hemingway also said that the former company also constructed the training centre of the club. At the ceremony 250 people were present including Péter Gajda, the mayor of Kispest. On 17 July 2019, new pictures in connection with the construction were published by Nemzeti Sport. On 17 October 2019, the stands formed a U-shape. On 6 December 2019, the highest point of the future stadium was reached.
Costs
According Szilvia Zsilák's article published on Átlátszó, the initial costs were estimated as 5 billion Hungarian Forints. However, during the construction the costs increased upto 11,7 billion Hungarian Forints. On 22 April 2020, it was announced that the construction of the stadium would get another 1 billion HUF. On 6 July 2020, it was revealed that the construction would get another 6 billion HUF aid.
Statues
Gábor Szőke's statue, a lion, was placed in front of the stadium. Szőke's previous works include the eagle of Ferencvárosi TC and the falcon of Atlanta Falcons.
