Hungary waves goodbye to the People's Stadium to make way for a new super sport-complex

New 'Super Stadium' is being constructed to host international sporting events like the European Soccer Championships in 2020

Hungarian's have waved goodbye to the once named Népstadion (People’s Stadium) this week to make way for the new Puskás Ferenc Stadium.

Hungary is currently undergoing a complete regeneration project that is seeing the former stadium building demolished to make room for a new 'Super Stadium'.

The reconstructed arena will cater for a capacity of 38 652, and the entire sport-complex will be completed by 2019 in order to host the European Soccer Championships in 2020.

According to Hungary Today, the new stadium will be suitable for hosting a variety of events, such as concerts and conferences, and could accommodate a total of 78 000 people.

The People's Stadium was originally built between 1948 and 1953 using a large number of volunteers, including soldiers.

The arena was re-named after Ferenc Puskás in 2012. Puskás was once widely regarded as the best striker in the world and Hungary’s greatest footballer, who was the star of the national team during its glory years of the late 1940s and early 1950s.