It seems that at last The door has managed to close the financing for the reform of the Camp Nou. It should be said that the Assembly of partners had authorized him to request the famous 1.5 billion to start the project Barça space, which covered much more than the Camp Nou. The information of the last hours indicates that this loan will go destined for the Camp Nou. The rest will be discussed. Perhaps a partner feels that their approval vote has not been respected.
In any case, the Barça is going to get, in the worst economic moment in its recent history, in a loan of 1.5 billion at 6% interest. To get an idea, Madrid has reformed the Bernabéu at just over 2% and for a significantly lower amount.
Undoubtedly, the increase in the cost of raw materials has contributed to the increase in the cost forecast for the Barcelonabut also the uncertainty that surrounds a club that may soon suffer a touch of grace through UEFA, which is already considering excluding it from the Champions League.
Without 25% of the rights
Barça will have to repay the loan, but for this they will not be able to have 25% of the television rights. The transfer to Olympic will lead to a huge drop in revenue from ticketing being a stadium with much less capacity. It will also force an investment of 20 million for its adaptation. Without the income from the Champions League, the outlook can be bleak.
Renovating a stadium is always a good idea to look for new income, but choosing the right moment is essential so that the return is as expected. Thinking about Barça, it’s hard to imagine a more inopportune moment, but Laporta will know.
