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How Real Madrid want to turn the new Bernabeu into a huge cash machine

2022-01-28T12:40:44.064Z


The Spanish club has backed an American investment fund to optimize the operation of its stadium under renovation. This contract could bring him more than 400 million euros per year.


The Santiago Bernabeu stadium will be an architectural jewel and an international avant-garde symbol. It will become one of the most attractive places in Madrid and in Europe

.” On November 20, Florentino Pérez justified with these words, at a general meeting, a new request for a loan of 225 million euros to finalize the renovation of the Real Madrid stadium. Approved by the socios, this additional debt subscribed with the banks JP Morgan and Bank of America, negotiated with an interest rate “

below 2%

“, comes in addition to the 575 million euros already borrowed in 2019 to modernize the mythical enclosure of the Merengues.

XXL investments necessary according to the visionary president of Real in order to propel the club to the 13 European Cups of Champions Clubs in a new era.

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  • League standings

  • La Liga fixtures and results

Delivered in its final version in the spring of 2023, the new Bernabeu will have a retractable roof and an impressive and state-of-the-art lawn retraction system (see video…

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Source: lefigaro

All sports articles on 2022-01-28

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