Real Madrid’s Santiago Bernabeu remodelling costs set at €400 million

09 May 2018
new-santiago-bernabeu

Florentino Perez has confirmed that Real Madrid are onto the next phase of the Estadio Santiago Bernabeu’s remodelling, with the project’s overall cost currently set at 400 million euros.

Hoped to be completed by 2022, the plans involve a retractable roof that will completely change the exterior of the 71-year-old venue, adding 12 metres to it in height and a luxury hotel.

“The works are very complicated, we have completed the urbanisation and parceling phases, now we have the execution project which takes a long time,” Real president Perez told ACS Group’s shareholders meeting on Tuesday.

Perez is the chairman and CEO of the Spanish civil engineering company and thus they won’t be involved in the project under club rules that board members’ businesses do not participate in matters associated with Los Blancos.

Madrid City Council have already given their green light to the demolition of the two circular towers situated on the west side of the stadium, which will affect around 82,000 square metres of space.

Once completed, there will also be a 12,003 square metre park public park area situated on the Paseo de la Castellana side of the Bernabeu with a 32,269 square metre space set to be taken up by the remodelling of the stadium itself.

Next Match

Real Madrid vs Rayo Vallecano

POLL

Do you think Vinicius must be in the starting XI of Real Madrid?

View Results

Loading ... Loading ...
TOP SCORERS
Leo Messi 11 Goals Barcelona
Stuani 11 Goals Girona
Luis Suarez 10 Goals Barcelona
Aspas 10 Goals Celta Vigo
André Silva 8 Goals Sevilla
Lewandowski 6 Goals Bayern Munich
Leo Messi 6 Goals Barcelona
Eden Dzeko 5 Goals AS Roma
Harry Kane 4 Goals Tottenham Hotspur
Paulo Dybala 4 Goals Juventus
SUBSCRIBE TO OUR NEWSLETTER
Standings

Fetching Real Madrid CF score updates, table, fixtures & results...