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According to reports in the Spanish press, Real Madrid's new Santiago Bernabeu stadium will make big profits on the Royal Club after its renewal.
Florentino Perez, president of Real Madrid, announced a few days ago the project to renovate the stadium, which will begin after the end of the season and will last three years.
Publish a site ABC The Spanish will announce that the Royal will benefit from an annual profit of 155 million euros from the revenues of the new stadium. This stadium will be converted into a huge entertainment center that will operate continuously and not only at the time of the games, including shops, restaurants and museums, as well as daily tours.
The report indicates that funding for the renovation of the stadium will be through two US banks worth 575 million euros and will be paid over 30 years, or 29 million euros per year.
The report also pointed out that the rights of television transport would cover any obstacles to the project and is currently competing with four companies to carry out the renovation process, which will extend over an area of 66,000 square meters.
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