La League: FC Barcelona is allowed with billions

The FC Barcelona stadium in need of renovation will be subjected to an in -depth modernization from June.

• conversion expenses of a maximum of 1.5 billion euros
• FC Barcelona expected 200 million euros per year

The city of Barcelona had given the necessary building permits, the Spanish football club said. The renovation of the Camp Nou will be able to begin immediately after the end of the season, it said.

The association expects the renovation to be completed in the course of the 2025/2026 season.

According to the plans, the team led by national goalkeeper Marc-André Ter Stegen should only "move" in the 2023/2024 season. Then the home games in the Lluís Companys Olympic Stadium are kicked off.

conversion expenses of a maximum of 1.5 billion euros

"It will be the best stadium in the world in the best city in the world in the world in the world," said club president Joan Laporta at the announcement.

At a general meeting, conversion expenditure of a maximum of 1.5 billion euros was approved in December. The financing by loans is fully secured, said Laporta.

The modernization work should begin, among other things, with the first and second spectator rank of Camp Nou inaugurated in 1957.

FC Barcelona expected 200 million euros per year

The spectator capacity will be almost fully utilized next season, as Laporta assured. It was not until 2024/2025 that the club expects a spectator capacity, which are around 50 percent.

FC Barcelona has debt of 1.35 billion euros. Thanks to the project "Espai Barça" ("Platz Barça"), the renovation of Camp Nou and the complete surrounding club system, including the Palau Blaugrana Camps hall, 200 million euros would be taken every year, said the club boss.

After signing an agreement via a "strategic partnership" with the music streaming market leader Spotify, the Catalan stadium will in future bear the name "Spotify Camp Nou".