Real Madrid have reached a €360 million agreement with Sixth Street to develop and operate new businesses at the Santiago Bernabeu stadium for 20 years, the LaLiga club said on Thursday.
"As part of the long-term partnership, Real Madrid will receive approximately €360 million to be invested across any of the club's activities," Real Madrid said in a"Through this alliance, Sixth Street acquires the right to participate in the operation of certain new businesses of the Santiago Bernabeu stadium for 20 years.
"The transformation of the Santiago Bernabeu Stadium will be a turning point in the history of Real Madrid," club president Florentino Perez said.
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Soccer-Real Madrid sign 360 million euro Bernabeu deal with Sixth Street(Reuters) - Real Madrid have reached a 360 million euro ($380.95 million) agreement with Sixth Street that will allow the U.S.-based investment firm to host events at the renovated Santiago Bernabeu stadium, the LaLiga club said on Thursday.
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