Cash for Real Madrid: The Spanish record champion has allegedly closed with the American company Legends for the use of his stadium Santiago Bernabéu for the use of his stadium Santiago Bernabéu. This is intended to contribute to the royal according to the Spanish daily VOZ Popular around 400 million euros a year.
The company legends, which specializes in the marketing of sports facilities, expect annual revenue from 400 to 440 million euros, among other things through concerts. According to the agreement, 20 percent of profits should go to the company.
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The Santiago Bernabéu is currently being renovated. At the beginning of 2023 the conversion should be ready. Then the stadium will also have an extendable playing field so that it can be used for other sports such as tennis and basketball or for trade fairs and congresses. The costs for the renovation are estimated at around 800 million euros.