Real Madrid is nearing the completion of its new stadium, the Santiago Bernabéu, and the Spanish press has done the math – and it’s a substantial sum.
The Santiago Bernabéu is set to be finished in a few months. By the end of 2024, the Real Madrid stadium will once again host matches, as well as other events. It is expected to generate significant revenues for the club, estimated at around €300 million per year, thanks to various facilities and activities planned in this multifunctional stadium (such as concerts and various events).
However, in the meantime, Real Madrid had to secure several loans. In 2019, the club obtained a €575 million loan repayable over a thirty-year period. In 2021, another €225 million loan was secured to finance the installation that would allow them to preserve the pitch in an underground area.
According to AS, the club intends to seek permission from its shareholders (socios) to take out a third loan, this time amounting to €360 million. In total, Real Madrid will have to repay a grand total of €1.16 billion in loans (excluding interest) to finance the construction of its new stadium.
