Barcelona Exploring Two New Sources of Financing to Complete Camp Nou Renovation
The club is weighing €300 million in project debt and €210 million in media notes as delays and higher costs widen its funding gap.
- Last Saturday, Barcelona club members approved €510 million in additional financing to complete Camp Nou renovation work and cover revenue shortfalls from project delays.
- Barcelona President Joan Laporta and Olive blamed rising construction costs and supply chain disruptions on the conflict in Ukraine and global economic trends, necessitating the new financing.
- A source told Reuters on Thursday that €300 million will be structured as project finance debt through a securitisation fund, with an additional €210 million in senior debt secured against LaLiga and UEFA television rights.
- Construction will extend through the 2028-29 season, Olive announced during the general assembly, with the renovated Camp Nou expanding capacity to 105,000 and adding new VIP hospitality areas.
- Barcelona will play at the Olympic Stadium in Montjuic during the first half of 2027-28 while roof work finishes, with future Camp Nou revenues repaying the debt over 30 years.
13 Articles
13 Articles
Rising costs of renovating Camp Nou mean Barcelona has to take on more debt.
Next year he's still leaving Camp Nou and his debts could be over 2.5 billion, and yet he's winning.
FC Barcelona debts set to surpass €2bn after fresh Camp Nou loan
FC Barcelona’s debts are set to surpass €2bn after the club’s owning members sanctioned a mega €500m loan to help finally complete reconstruction of their Camp Nou stadium. The fan-owned club will use €300m of the fresh €510m injection on the long-running works to make their home a 105,000-capacity venue, while the remainder of the [...]
Spanish football champions Barcelona are considering two new sources of funding to cover the rising costs of renovating their Camp Nou stadium. Last Saturday, during a general meeting, club members approved an additional 510 million euros to complete the work on the Camp Nou stadium and cover the revenue shortfall. The Catalan club will split the funding amount into two separate tranches. Source […]
Barcelona is exploring two options for securing US$510 million to complete the rehabilitation of Camp Nou stadium.
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