Barcelona have finally received funding to rebuild the Camp Nou and surrounding areas.
The club originally announced plans for redevelopment in 2014, but since then, due to many problems, only a small part of the work has been completed.
However, the project now looks set to accelerate rapidly after the season ends, with Barcelona confirming on Monday that 20 investors have provided €1.45 billion.
Barça reassured concerned fans that “the club’s assets were not used as a guarantee and the stadium was not mortgaged” and payments were to be made in installments over five, seven, nine, 20 and 24 years. flexible structure.
Barcelona agree to finance Espay Barça
All the details: https://t.co/TyUUWwhtz4 pic.twitter.com/7RdUKSU3QT
— FC Barcelona (@FCBarcelona) April 24, 2023
“This operation once again confirms the club’s trust in the Spotify Camp Nou project, the epicenter of Espai Barca,” the statement said.
“This project is essential when it comes to keeping Barcelona at the forefront of world sport, is one of the pillars of the club’s economic recovery and future viability, and is a tool to ensure the continuation of the management model under which more than 146,000 members the club’s owners.
“In the coming days, the club will hold a press conference on the details of the operation.”
While Barça will play the rest of the 2022-23 campaign at the Camp Nou, it has already been confirmed that they will move to the Olympic Stadium in Montjuïc next season.
Barça are reportedly hoping to return to the Camp Nou at the end of 2024.