Sports

Barcelona Raise 1.45 bn Euros For Camp Nou Rebuild

Published

3 years ago

April 24, 2023

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.

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.

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.

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.

Sports

EPL: ‘Go For Alvarez’ – Paul Merson Hands Arsenal Two Signings To Make

Published

2 days ago

May 26, 2026

Editor

Arsenal legend, Paul Merson, has handed his old club two signings to make in the summer.

Merson wants Arsenal to sign Atletico Madrid striker Julian Alvarez and a new midfielder.

“I would get a centre forward this summer, I would go for Julian Alvarez,” Merson said on The Good, The Bad & The Football podcast.

“I am a big fan. If they could get him, I would. I still think they probably need another midfield player as well.”

Arsenal is expected to bolster its squad in the summer after winning the Premier League title ahead of Manchester City this season.

Sports

EPL: Wayne Rooney Picks Most Improved Player This Season

Published

2 days ago

May 26, 2026

Editor

Manchester United legend, Wayne Rooney, has picked the Red Devils defender Luke Shaw as the most improved player in the Premier League following the conclusion of the 2025/26 season.

Speaking on his BBC podcast, Rooney said, “I think, for me, Luke Shaw. I think Luke Shaw has been the most improved player this season.

“I know he is an experienced player now, but I think his level this season has been much better than it has been in recent seasons.

“People might look at Kobbie Mainoo but I don’t think he’s improved. It was just the fact he wasn’t playing under the former manager so it wasn’t good or bad.”

Shaw enjoyed one of his most consistent seasons at Man United and started all of Man United’s Premier League games.

Sports

EPL: Maresca Signs Three-year Contract To Replace Guardiola At Man City

Published

2 days ago

May 26, 2026

Editor

Former Chelsea and Leicester City manager, Enzo Maresca has signed a three-year contract with Manchester City.

Maresca will now replace Pep Guardiola, who took charge of his last game on Sunday – a 2-1 defeat to Aston Villa in the Premier League.

Football transfer expert, Fabrizio Romano, wrote on X on Tuesday: “Enzo Maresca has already signed a three-year deal as Manchester City’s new manager.

“Agreement until June 2029 and new chapter to start soon at #MCFC, with Maresca fully involved in the transfer strategy.

“Here we go, 100% confirmed.”

Maresca has been out of work since he left Stamford Bridge in January this year and has snubbed offers while waiting for the City job.