Barcelona raised 1.45 Billion euros for Camp Nou restoration

La Liga

The money, according to a statement from the club, came from agreements with 20 investors who would earn their money back over terms ranging from five to 24 years. Barcelona stated that once the project was finished, they will begin making loan payments.

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The ‘Espai Barca’ plan, which includes expenditure on other club facilities in addition to the football stadium, is described above. The club’s handball and basketball teams play at the Palau Blaugrana, which will receive 420 million euros, while the men’s reserve and women’s football teams play at the Johan Cruyff stadium, which will receive 20 million euros.

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The club stated that they anticipated finishing the construction on the Camp Nou by 2026.The men’s first team will compete at Montjuic’s Olympic Stadium before moving back to Camp Nou for the 2024–25 campaign. Barcelona is imitating Real Madrid, their primary adversary in Spain, who started the most recent restoration of their Bernabeu Stadium in 2019.

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The team is recovering from a financial crisis that resulted in losses of 481 million euros in 2020–21 and the departure of Lionel Messi, the team’s all-time greatest scorer. The club raised almost 750 million euros last summer by selling 49% of its Barca Studios and 25% of its La Liga television rights for the next 25 years.

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