Real Madrid borrows another €225m to complete Santiago Bernabéu renovation
December 9 – Real Madrid has agreed a €225 million loan extension to complete the Santiago Bernabéu remodelling. The club said the loan was required work “not forseen” in the initial plans.
The loan comes on top of the initial borrowing of €575m for the stadium project, secured in April 2019 via a consortium of lenders led by J.P Morgan and Bank of America Merrill Lynch.
That loan is being repaid over a 30-year period,
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