Industry News

Council set to give green light to Bernabeu renovation

Spanish LaLiga football club Real Madrid’s plans to renovate the Santiago Bernabeu are set to be officially approved by the local council next week.

In a statement, Madrid’s Commission for Sustainable Urban Development said it had given the green light to the extensive redevelopment work that is being proposed by the club. Definitive approval is set to arrive following a council meeting on May 30.

The club announced last October that it had reached an agreement with the council to launch a €400m (£349m/$448m) redevelopment project at the Bernabeu.

View Bernabeu images here

A new retractable roof is central to the new plans, with construction work set to conclude by 2020 at the latest.

Real has been keen to revamp the Bernabeu for several years, but previous attempts have been turned down by the council. Original plans to include a hotel and shopping centre as part of the development have been scaled back, although some of the facility may still be used for commercial areas.

Abu Dhabi-based International Petroleum Investment Company will help finance the project.


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