The Real Madrid in front of the City in Santiago Bernabéu

They COULD ASK A NEW LOAN

The 'new' Bernabéu could cost him to the Madrid more than one thousand 'kilos'

Published:20/07/2022 - 19:48h

Updated:20/07/2022 - 19:48h

The Real Madrid expects to have list the remodeling of his stadium for the 2023. For this, the white club will have to attend again to the banking to cover several costs that have increased by the situation in Ukraine

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The works of remodeling of Santiago Bernabéu continue on its course and the Real Madrid trusts that it was totally finalised in 2023. A remodeling that can finish costing billion of euros. As it informs the journalist Ramón Álvarez of Mon, the Madrid is valuing to ask a new loan from among 150 millions and 200 million euros to culminate the project.

The reason to ask this new loan are the extra costs been due to the war in Ukraine and the inflation that has meant for Europe. There has been an increase in the cost of the prime matters because of the bellicose conflict and this has caused that they delay and put up the price of the works of remodeling, explains the information.

The total extra cost could reach the 400 million euros and the total would rise the billion. The Madrid began signing in 2019 a loan by 575 million euros. An agreement with a type of fixed interest of 2,5%, with a plan of amortizaciones annual of 29,5 million euros between 2023 and 2049.

In 2021, the team of Florentino Pérez asked other 225 millions more to the banking to "fund works no included initially in the remodeling of the stadium", as it explained the club, that obtained the seen well of the partners in the Assembly.

Barrier reached

Now, with this new loan that is studying the Madrid, the works of remodeling of the Bernabéu could arrive to these billion of euros. A big extra cost that the white club trusts to surpass with the exploitation of the new stadium that will be opened all the year and that will turn into a centre of leisure further of the football.

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