Real Madrid: The renovation of “Santiago Bernabeau” will exceed 1.6 billion euros

Amount – mammoth for renovation of “” by Real Madrid, according to a revelation of “The Athletic”. When will he manage to repay it? Real Madrid’s new “Santiago Bernabeu” is in the final stage of the work, but the club does not expect to be completed by the end of spring. This means that the official opening is now scheduled to take place from late May to early June (the team normally gives home games to its historic headquarters) . Work on the reconstruction of the stadium began in 2019 and – according to what The Athletics reveals – the latest calculations of the Real Madrid administration say that the total cost of the reconstruction of the “Bernabeus” is expected to exceed 1.6 billion euros! This report also states that the administration considers that – with its agreement with banks, to finance the work – it will be able to repay loans in 2053! The original net cost of the project was $1.17 billion, but taking three different loans from the heads of the Madrilnes raised the… number. Real Madrid will pay the amount of $66 million per year, “discharged “Bernabeu”, which now has 4,000 extra seats (now 85,000 seats) and… incredible amenities. The last home match of the season at La Liga for Real Madrid is scheduled for May 26. The club’s new opening plans include celebrations – with a series of events – to be held on the field, including concerts by international artists Taylor Swift and Duki, on May 31 and June 8.