Connect with us

Sports

Barcelona Raise 1.45 bn Euros For Camp Nou Rebuild

Published

on

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.

Advertisement

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.

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

Advertisement

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.

Advertisement

Sports

EPL: Rooney Names Team To Win Title

Published

on

By

Former Manchester United striker, Wayne Rooney, has said Arsenal will go on to win the Premier League title, after Manchester City dropped points against Everton.

City were held to a 3-3 draw at the Hill Dickinson Stadium on Monday night.

The result means Pep Guardiola’s men are now five points behind Arsenal, but they have one game in hand.

Advertisement

READ ALSO:EPL: Chelsea Winger, Mudryk Banned For Four Years After Failing Drug Test 

Rooney believes the Gunners will beat West Ham this weekend and go on to be champions.

He said on BBC Sport: “No, I’m concerned for West Ham. I just think Arsenal are efficient and professional.

Advertisement

“I just think they will win every game. So obviously, with the result tonight, that means they will win the league.”

Continue Reading

Sports

UCL, EPL: Petr Cech Advises Chelsea On How To Win Trophies

Published

on

By

Chelsea legend, Petr Cech, has advised his old club on how to win the UEFA Champions League or the English Premier League.

Chelsea are already out of the Premier League title race this season, and they are at risk of missing out on UEFA Champions League qualification for next season because they are currently not in the ninth position on the Premier League table.

Speaking to The Athletic about Chelsea, Cech said that the Blues need to change their philosophy of signing only young players if they want to win the Premier League or Champions League.

Advertisement

READ ALSO:EPL: Guardiola Reveals Only Chance Man City Will Win Title Ahead Of Arsenal

According to the former goalkeeper, the Premier League west London club needs to add experienced players to mentor the young players in the squad.

“You have to look at what you want to achieve. You can have young, talented players, and you can win, but it’s very rare that you manage to do that,” he said.

Advertisement

If you want to win every season and compete every season, that does not go together.

READ ALSO:EPL: Arsenal In Shock Move To Sign Kvaratskhelia From PSG

You have to change your philosophy. Certain things don’t go together because, in order to win a Champions League or a Premier League… these are really tough competitions, and you have to be consistent.

Advertisement

“You need to have a strong core of the team. And then you can bring young, talented players who will grow faster and then will be held by the experienced players to help navigate them through difficult times when they come.”

Currently, Chelsea have just one player, Tosin Adarabioyo, who is over 28 this season, and the defender has not been playing regularly.

Advertisement
Continue Reading

Sports

Enabulele Lauds Okpebholo’s Bold Reforms As Edo Sports Witnesses Revival

Published

on

By

The Executive Chairman of the Edo State Sports Commission, Hon. Amadin Desmond Enabulele, has commended Governor Monday Okpebholo for what he described as a bold and transformative approach to sports development.

Speaking on efforts to reposition sports in the state, Enabulele noted that with Okpebholo’s visionary leadership, the sector has witnessed renewed growth.

In a statement issued by his Media Officer, Edoko Wilson Edoko, the Edo Sports Commission boss attributed the progress to the governor’s strategic policies and sustained commitment to youth development, which he said have laid the foundation for a more structured and results-driven system.

Advertisement

His Excellency has demonstrated clear vision and genuine commitment to sports development. The level of support we are receiving has significantly repositioned Edo as a competitive force in national sporting events,” he said.

READ ALSO:Grassroots To Global Podium: Edo Sports Commission Marks Enabulele’s First Year In Office

He explained that targeted investments in grassroots development are already producing results, with a growing number of young talents being identified and nurtured across multiple disciplines.

Advertisement

We are deliberately building from the grassroots. A large percentage of our athletes today are homegrown, which speaks to the sustainability of our development model,” Enabulele added.

The Commission, he noted, is also shifting away from an over-reliance on football to a broader multi-sport focus.

Edo State, he said, is now recording improved performances in athletics, combat sports, and other emerging areas.

Advertisement

READ ALSO:2025 NYG: Be Determined, Enabulele Charges Team Edo, As Screening Commences In A’Ibom

Our goal is to strengthen all sports. The results are beginning to show across different disciplines, and this is only the start,” he said.

Enabulele further pointed to ongoing improvements in sports infrastructure and athlete welfare as critical factors in sustaining performance and encouraging wider participation among young people.

Advertisement

We are building a system that will endure. With the continued support of the governor, Edo is on course to becoming a dominant force in sports at both national and international levels,” he stated.

He expressed confidence that the current momentum would translate into greater achievements for Edo athletes, reaffirming the Commission’s commitment to excellence, discipline, and long-term development.

 

Advertisement
Continue Reading

Trending

Exit mobile version