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Madrid step up plans for the new Santiago Bernabeu
- Updated: September 17, 2018
Real Madrid are intent on pushing on with plans for the restructuring of the Santiago Bernabeu stadium. Reports suggest that the club have made plans which will be formally submitted to the Assembly of Members on Sunday.
It is believed that the accounts from the proceedings of the 2017/18 football season will be officially declared in the course of the meeting. The meeting will also see the ongoing season’s budget meet the approval of the members of the assembly.
The budget in question was made with consideration for the costs that will be accrued from the redevelopment of the Bernabeu.
The Real Madrid hierarchy have been striving to make sure that the project commences soon, with the financial plans for the project now just needing the approval of the Board of Directors.
The Estadio Santiago Bernabeu project will receive a license from the Madrid City Council. Meanwhile, the professionals who will engage in the contractual aspect of the reconstruction are already being reached out to and put in place.
Reports suggest that the acquisition of the final building permit won’t face any major challenges with authentic plans for the project being realizable in October.
The valuation for the reconstruction will be close to €400m. However, there is no sponsor for the project presently. It is believed that the Real Madrid hierarchy have devised a genius plan that will put any worries over the successful completion of the project to bed.
Real Madrid are not just advancing in silverware, they also aim to make major strides in the quality of their infrastructure. This is a good one for the most elite football club in Europe.