Real Madrid and its stadium revamp
The stadium used by Real Madrid, the football club with the most world championship titles, will have a new exterior and a retractable roof. It will also have a 360-degree video screen. The Estadio Santiago Bernabéu, which has a capacity of 81,000, opened in 1947. Its initial capacity was 75,000. The stadium hosted a FIFA World Cup final in 1982, which was won by the national football team of the Italian Republic in front of 90,000 spectators. The world famous Spanish football giants Real Madrid recently announced the selection of its main contractor for the redevelopment of their current home venue. One of Spain’s leading construction companies has landed the contract.
Real Madrid wants to play home games at the Estadio Santiago Bernabéu, which hosted numerous football matches with attendances above 100,000, throughout reconstruction. The club has assured fans from around the world that its museum, its stadium tours and its store will be available during renovation works. The works are planned to be ready in 2022. Real Madrid secured funding and agreed loans to cover the project, which is expected to costs €525 million. Major non-matchday boost should be generated by a hotel, restaurants and retail outlets.