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Team borrows astronomical sums - has a very special plan

There are a lot of money for, when one of Europe's largest stadiums should be modernised.

In each case, is Real Madrid ready to lend 575 million euros - approx. 4.3 billion dollars - to renovate the Santiago Bernabéu. And there are already found two banks, which stand ready with the money. It acknowledges the Spanish newspaper El Confidencial.

It is the two u.s. banks, Bank of America Merrill Lynch and JP Morgan, who provides the loan, which will ensure a major refurbishment of the famous stadium.

the Plans for the future Santiago Bernabéu. Photo: Real Madrid
The 71-year-old stadium has been revamped a few times, while capacities have been repeatedly amended. By 2006, the capacity was reduced significantly from 110,000 to the current 81.044.

The number of seats will probably not tampered with, but the whole of the stadium's exterior being made. Thus, there will also be a sliding roof that can close the arena.

The most sweeping changes, however, will be on stadionområdet outside of the arena. Here are the current shopping center torn down and replaced by a newer and larger. In addition, two new fan shops will be listed, while the existing museum will be expanded.

all in All, expect Real Madrid in extra revenue in at just around a billion dollars a year. Therefore, there should plenty be able to afford to pay the installments of 200 million dollars annually in the coming 30 years.

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