the Real Madrid Profitability is guaranteed from the new Santiago Bernabeu. Spanish club – write secret – It was agreed with a US fund to exploit the commercial assets of the plant that is being renovated in exchange 400 million of the euro.
The redesign of the stadium will allow the club to ensure income outside the day, which barely touches the minimum of 29 days out of a total of 365. In the new Bernabéu, Real Madrid will be able to organize concerts, entertainment activities, exhibitions. and other sports matches without any damage to the stadium.
Since 2018, Real Madrid has an agreement with legends Review and improve business opportunities at the Santiago Bernabéu. The American company was created by the New York Yankees and the Dallas Cowboys in San Francisco. United States Fund Sixth street He bought 51% of Legends at the beginning of the year.
Due to the difficulty of implementing the Legends plan, Florentino Pérez sold a stake in the venture capital fund, guaranteeing Real Madrid a fixed annual amount without worrying about the club’s sporting development.
Instead, Florentino Pérez turned to the US investment bank. JP Morgan it is American bank To grant a new loan of 250 million euros To complete the works of the new stadium, which is expected to be completed in early 2023.
according to secret, the final cost of the renewal will be 33% higher than the first estimate. Initially, Real Madrid predicted the total cost of 575 million euros, compared to more than 800 million euros This will finish off the painting.
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