27 November 2021

Took additional loan to finish stadium

Members of Real Madrid on the club assembly last Saturday gave its consent to have an additional debt to the already existing 575 million euros that were taken at 2019. Nearly at the end of 2021 the new loan is 225 million. The fresh money is going to be used for technology enhancements, ventilation, climate and watering system, LED lamps, lights and retractable roof of the Estadio Santiago Bernabeu which is going to be completed in one year from now.
Its president Florentino Perez have said that around 2 percent is the cost of the newest loan, in the team where at 2019 had income of 800 million euros, while in 2020 they were also on surplus despite the appearance of the pandemic.


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