Makes no sense to me after having to borrow the money to pay for Rapha, how they were able to even contemplate starting the project
Barca say they will play a friendly at their new stadium on the 10th of august, with 60,000 seats available! As for their finances, they just keep selling off stuff, VIP areas, barca tv and borrowing more money, feck knows how they do it hopefully one day it will all come crashing down.
I’m guessing that just like here, the revenue stream for a stadium is different from the costs of running the club, transfers etc. like Everton who didn’t have a pot to piss in, we’re close (or did get?) a points deduction but built their new ground.
I'm hoping the Red Bull network pulls something off for us. They have a track record of unearthing gems.
Oh it's easy enough just borrow the money to restructure the debt and finance the rebuild of the team and stadium. Take the new loan out over say 30 years and instantly you are back within parameters and financial goals.
Man utd are further in debt since the glazers took over with borrowed money yet still make a fortune for the owners.