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Barcelona Raise 1.45 bn Euros For Camp Nou Rebuild

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Barcelona said on Monday they had secured 1.45 billion euros ($1.6 billion) in funding for a redevelopment plan and would start the renovation of the Camp Nou stadium on June 1.

The club said in a statement that the money had come from deals with 20 investors who would receive repayment over periods of between five and 24 years. Barcelona said they would start paying back the loans when the work was completed.

In addition to the football stadium the plan, called ‘Espai Barca’, includes spending on other club facilities. It includes 420m euros earmarked for the Palau Blaugrana, home of the club’s basketball and handball teams, and 20m euros for the Johan Cruyff stadium where the men’s reserve and women’s football teams play.

READ ALSO: Four Barcelona Players Against Messi’s Return To Camp Nou Revealed

The club said they expected the work on the Camp Nou to be completed by 2026. The men’s first team will play at the Olympic stadium on Montjuic before returning in the 2024-25 season to a Camp Nou not yet at full capacity.

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Barcelona are emulating their main Spanish rivals Real Madrid who began the latest renovation of their Bernabeu Stadium in 2019.

The club is emerging from a financial hole which led to losses of 481 million euros in 2020/21 which led to the departure of the club’s all-time leading scorer Lionel Messi.

READ ALSO: Barcelona Facing Champions League Ban Over Payments To Referee

Last summer the club raised around 750 million euros by selling 25 percent of their La Liga television rights for the next 25 years and 49 percent of its Barca Studios.

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Why We Lost Against Mali – Finidi George

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Super Eagles interim coach, Finidi George has provided insights into why his team lost to the Eagles of Mali in an international friendly match held in Marrakech, Morocco.

Super Eagles interim coach, Finidi George has provided insights into why his team lost to the Eagles of Mali in an international friendly match held in Marrakech, Morocco.

The Super Eagles suffered a 2-0 loss to Mali on Tuesday, with Finidi attributing the defeat to costly errors made by his team.

The Enyimba gaffer rued the missed chances in the game, but applauded the boys for their dominant performance.

READ ALSO: PHOTOS: Nike Unveils Super Eagles 2024/25 Jersey

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Finidi George said, “It was not a bad game. Good intensity. We created a couple of chances, but we could not score. And in games like this, if you don’t score, and make mistakes, you will be punished. Lost one. We were not outplayed.

“In the first game as well, we did so well. I would have loved a different result, but that’s not the case. If you look at the performance of the players, it is commendable.”

The Super Eagles will now shift their attention to the June 2026 FIFA World Cup qualifiers against South Africa and Benin Republic.

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Messi Reveals When He’ll Retire From Football

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Iconic Argentine footballer, Lionel Messi, recently discussed retirement on the Big Time Podcast, shedding light on his future plans as he navigates the twilight of his career.

Since joining Inter Miami in the summer of 2023, Messi has contributed 16 goals and seven assists in 19 appearances across competitions.

However, the 36-year-old has also grappled with injury issues, leading to concerns about his longevity in the sport.

Reflecting on his retirement plans, the eight-time Ballon d’Or winner emphasized his self-awareness, acknowledging that he evaluates his performances critically.

READ ALSO: Messi Hits 500 League Goals As Inter Miami Cruise Past Orlando

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Messi expressed his readiness to step away from the game when he feels he can no longer perform at his best or derive enjoyment from playing, regardless of his age.

“I am very self critical of myself, I know when I’m good, when I’m bad, when I play well and when I play badly. When I feel it’s time to take that step, I will take it without thinking about age,” Messi said.

“I know that moment I feel I am no longer ready to perform, that I am no longer enjoying myself or helping my teammates.”

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Brazil’s Gabigol Handed Two-year Ban For Anti-doping ‘Fraud’

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Flamengo’s international forward Gabriel Barbosa was suspended for two years on Monday for attempted fraud during a doping test, a Brazilian sports court said.

Known as Gabigol, the 27-year-old Brazilian was alleged to have been uncooperative during a surprise doping test at club headquarters in Rio de Janeiro.

The punishment, which can be appealed, is backdated to April 8 last year, when the events occurred.

He failed to comply with the schedule, disrespected the doping officers and refused to obey instructions, local media said.

READ ALSO: Court Dismisses Suit Seeking To Stop Elections, Examinations On Saturday

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“The aforementioned athlete was tried today by the Full Court of Sports Anti-Doping and, by majority, it was decided that a violation of the anti-doping rule of fraud had occurred,” the court said in a statement sent to AFP.

Gabigol subsequently hit back on social media, saying “I never tried to obstruct or defraud any test.”

I am confident I will be found innocent at the highest court,” he added.

Flamengo said in a statement it would support its player and assist with his appeal “because there was no type of fraud”.

READ ALSO: Three Feared Killed In Delta Auto Crash

On the testing day, Gabigol’s teammates underwent testing in the morning while he ignored a request to be present and attended after lunchtime, according to the accusation.

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When he finally arrived to be tested, he reportedly became upset because an officer escorted him to the bathroom.

Furthermore, he did not respect the sample collection protocol, according to the accusation.

A key figure in Flamengo’s 2019 domestic league and Copa Libertadores titles, Gabigol has consistently denied having tried to cheat in the test.

READ ALSO: VIDEO: Nigerian Lady Set To Drive From London To Lagos

“The Flamengo player has confirmed that the test has been carried out and the result was negative,” his lawyer said in December, when the allegations first surfaced.

“In view of this information, there is nothing that could compromise or violate the protocol,” the lawyer added.

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Gabigol had disappointing spells at Portugal’s Benfica as well as at Inter Milan in Italy having come through Santos’ academy, before joining Flamengo in 2019.

His return to form for Flamengo earned him call-ups to the Brazil squad and he made the last of his 18 international appearances in January 2022.

Gabigol’s contract with Flamengo expires in December.

 

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