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Puskas Arena is a football stadium in the 14th district of Budapest, Hungary. The stadium's construction started in 2017 and was finished before the end of 2019. It is an all-seater with a capacity of 67,215. The Hungarian Football Federation meets all UEFA and FIFA stadium requirements, and was awarded 4-stars by the UEFA. The stadium is built in the place of the former Ferenc Puskas Stadium whose demolition was completed in October 2016. Both stadiums were named in honour of the former national team captain Ferenc Puskas.
In 2011, when originally budgeted, the cost of the construction of the new stadium was put at 35 billion Hungarian forints. On 26 June 2014, Laszlo Vigh said that the construction of the new stadium would cost 90-100 billion Hungarian forints.
On 1 August 2014, the Nemzeti Sport Kozpont presented the final vision of Hungary's new national stadium. The Hungarian architect György Skardelli, who was the designer of the nearby indoor arena, László Papp Budapest Sports Arena showed his original plans that did not include the demolition of the original stadium.
On 19 September 2014, UEFA selected Budapest to host three group stage games and one round of 16 game at UEFA Euro 2020. On 19 September 2014, Sandor Csanyi, the president of the Hungarian Football Federation, said that the fact that Budapest can host UEFA Euro 2020 is a big achievement of the Hungarian sport diplomacy.