BARCELONA HAVE ANNOUNCED plans to redevelop the Nou Camp, which will see them play the 2023/24 season at the Olympic Stadium in Montjuic.
Work, costing up to €1.5billion, will begin this summer and is expected to be completed at the end of the 2025/26 season.
Initial focus of the redevelopment of the famous stadium will be on the first and second tier as well as improving technological facilities and upgrades to the exterior.
The third tier will be rebuilt in the summer of 2023, which will mean Barca play their home games for the following season at the Estadi Olimpic Lluis Companys – the home of the 1992 Olympics.
They are due to return to the Nou Camp for the 2024/25 campaign, but at a 50% capacity.
Agreement on the transformation of Espai Barça and work on new Camp Nou to begin in June
— FC Barcelona (@FCBarcelona) April 28, 2022
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I thought Barcelona are over a billion in debt & now they are spending €1.5 billion on their stadium and they also want to buy Mohammed Salah?
Wha?
@O’Brien Michael: I’ve come to learn that when rich people and teams are in debt it’s not the same as us being in debt. They can always find someone else to lend them more
@O’Brien Michael: They have signed a huge sponsorship deal with Spotify including the naming rights to the Camp Nou. Once they satisfy the Spanish league funding requirements they can sign who they want.
Woe and betide any financial institution that try to foreclose on Barca
@thomas walsh: yes but surely someone at some stage is going to have to say enough is enough.
We are not even talking about being millions in debt we are talking billions now.
Barcelona just defy belief what they are at.
@Diarmuid: how much is the sponsorship deal worth Diarmuid?
@Diarmuid: did the tour of the nou camp about 7-8 years back,cost about 15 euros each at the time. Place was full of people,bus’s and bus’s everywhere.Think it costs about 60 now to do the tour won’t get as many doing it.
@O’Brien Michael: if memory serves me think it’s worth around €300 million over 4 years
@Joe Gorham: Joe I done the tour in summer 2019. Think it was around €30 each well worth. €60 certainly seems a huge increase.
@O’Brien Michael: This is an infrastructural project and the loans will be separate to the current debt to be paid back over 35 years. The idea is that the extra income from the expansion and upgrade will pay off the construction loans.
It’s also not just the stadium. There will also be a new Blaugrana indoor arena, offices, a hotel and a new museum.
@Diarmuid: it does lad I work with just back from Barcelona and he said it’s too dear now to do unless your a barca fan.
Ed Sheeran playing a heap of gigs
Cork county board are project managing the build. Should only cost about 3 Billion
accbank still handing out loans