FC Barcelona secures 300 million euros to complete Camp Nou redevelopment

FC Barcelona has completed the issuance of bonds worth €300 million to finance the completion of the redevelopment of Spotify Camp Nou, after obtaining the necessary approvals from the Spanish National Securities Market Commission.

According to "Mundo Deportivo", Goldman Sachs has taken on the role of exclusive placement agent after the members of the general assembly approved the operation in a meeting on September 19, with a support rate of 90.79%.

These funds are added to the previously approved €1.5 billion to complete the stadium development project, which will have a capacity of 104,600 seats, along with 9,500 seats for VIPs and hospitality boxes between the second and third tiers.

The works are expected to be completed in the first half of 2028, after the roof is installed in the summer and autumn of 2027. UEFA has chosen the stadium to host the men's UEFA Champions League final in 2029, while FC Barcelona aims to host the FIFA World Cup final in 2030 and the UEFA Champions League final for women in 2031.

Ferran Olivé, the club's vice president for economic affairs, confirmed during the general assembly meeting on October 19 that the additional funding does not impose burdens on the members, nor does it mortgage the club or threaten its management, explaining that the only guarantee lies in the additional revenues that the stadium will generate.

Olivier added that the need for an additional 300 million euros had been calculated since the beginning of the project, due to the possibility of adjusting the implementation plans during the work phases.