El Barcelona presented this Wednesday the telematic referendum, which will take place on December 19, to ratify the decision of the Assembly to authorize the directive to request a loan of up to 1,500 million euros for the construction of the Espai Bara. It is the first time in history that the Catalan entity has carried out a non-face-to-face consultation. The partners, who must be over 18 years old and at least 12 months old, will be able to vote from 9 am to 9 pm. If subscribers do not have the means to vote, they may go to the Auditors to exercise your right. Goldman Sachs, a company with which the club has renewed a loan for the third time, has many options to be the agent of choice if the members give the green light.
In addition, the leaders made it clear that with the Espai Barawill achieve 200 million additional income and, according to the general director of the Catalan entity, this figure could double with the naming right of the field, negotiations that are already advanced with some companies.
This is how Bara presents, the dream of Barcelona fans: The new Espai Bara with a new Camp Nou
Ferran Reverter, CEO of Barcelona, has explained that they want to ask for a loan of up to 1,500 million euros, with five cadence, 35 years and with an interest rate that depends on the market. The idea is sell the Espai Bara in February and close the financing in summer, when the works will begin. And the guarantees are the additional income. The estimate is to finish the stadium in 2025. In the case of the Palau and the campus is not so exact date. “Against him Benfica some partners had real waterfalls “, he said in reference to the precarious situation of the Camp Nou.
Against Benfica some partners had real waterfalls
The entity plans that the first year of the works will be played in the stadium, but with only a part of the stands enabled to be rotating. The second season should play away from the Camp Nou, but without leaving the city and with the Olympic Stadium on the table, but no exact location yet. And the third and fourth will be like the first but with the most finished work.
“For the first time in the history of the club we will hold an exclusively telematic referendum. The members authorized the Junta to achieve the financing of the Espai Bara which constitutes the comprehensive reform of the Camp Nou, a new Palau (which includes the Palau Petit and an ice rink), the urbanization of the surroundings and the campus “, he began by explaining Laporta.
“It is not an expense, it is an investment that can generate great benefits by Only. 145 million have been spent and only 5 percent of the work has been carried out, which is valued at 600 million at the time. The Espai Bara it will finance itself thanks to the additional income it generates. We have estimated it to be around 200 million more and it will not cost the members money, it will not represent an increase in the club’s ordinary expenses, nor will it jeopardize the patrimony or weaken the sports management “, added the president.
Do not cost the members money, do not represent an increase in the ordinary expense of the club, or endanger the assets or weaken the sports management
The Catalan lawyer has not hidden that they expect the event to come out and has ensured that it will be done online so that all partners can participate. “If we all vote, we will win,” he asserted.
Economical coasts
The CEO of Barcelona, Ferran Reverter, has shelled all the economic details of the project. 100,000 members can vote. “We are more than 15 years late. In 2003, Laporta proposes to remodel the Camp Nou. In this period it has entered 9,000 million euros, which have been directed to improve the templates, it has been the most successful time. Of this amount, 5 percent, almost nothing, has been directed to infrastructures “.
We are more than 15 years late and in this period 9,000 million euros have been entered and almost nothing has been directed to infrastructures
Reverter has explained that there are 67 stadiums more modern than the Camp Nou and Europe and 58 have been modernized. And in Spain 7 of the 9 stadiums with more than 40,000 spectators have already been renovated. In addition, he has ensured that the first economic forecasts are obsolete. “The stadium was to cost 420 million and the Palau, 90. But, if we look at what a stadium is worth between 2020 and 2025, you go to 1,000 million. Our field will have 105,000 seats, making a third stand is much more expensive. The It’s grayFor example, it will go over 900 and have fewer seats. This happens the same in Palaces sports “, he explained.
Our field will have 105,000 seats
Therefore, the estimate of the entity, to date, includes that the Camp Nou will cost 900 million, the Palau Blaugrana (which includes the Palace, the Little Palace, the ice rink and a bus prking), 420, the urbanization and the campus will go to 100 and 60 of the rest of the expenses. To them must be added the 20 of the Johan Curyff.
Naming right
“We are going to finance it with the additional income. The boxes go up, there will be a double crown between the second and third tiers. Today in the stadium they are 2 percent, in the old project 3.5 and with ours, 8 10. There will be new sponsors, in addition to the traditional ones, thanks to the improvement of technology and the idea that the stadium is sustainable. Palau. El Naming right, with which we believe we can double the initial figure of those additional 200 million. And the income of the campus “.” It is a conservative number “, has affirmed.
Precisely, as for the naming rights, did not want to specify the stipulated amount. Of course, he has revealed that they are negotiating with some companies. “The issue is quite advanced. We are considering the offers and the offers range from 10 to 20 years.”
Finally, To reverse you have referred to the credit CVC. “We said that as it was proposed we should not see it. We said that if they changed it we would be willing to study it,” he said.
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