On 30 December 2012, Roma club president James Pallotta announced the construction of a new stadium in the Tor di Valle area of Rome. The new stadium, Stadio della Roma, will have a capacity of 52,500 spectators. On 2 February 2017, the Region of Lazio and the mayor of Rome rejected the proposal to build a new stadium. However, it was later approved on 24 February after final review of the stadium's design adjustments. In August 2017, the stadium suffered another delay, forcing Roma to renew their lease with the Stadio Olimpico until 2020. It is presently uncertain when the stadium will open. On 5 December 2017 the Stadio della Roma project, after experiencing five years worth of delays due to conflicting interests from various parties in the Roman city government, was given the go-ahead to begin construction, with the stadium expected to be ready to open for the 2020–21 season. On 26 February 2021, it was announced that the stadium project was halted.