Barcelona Secures $1.6 Billion in Financing to Renovate Iconic Camp Nou Stadium

Barcelona has secured 1.45 billion euros in financing from 20 global investors to finance the renovation of Camp Nou, Europe's largest stadium.
The club did not put up any assets as collateral or take out a mortgage for the financing.
The renovation will increase Camp Nou's capacity from 99,300 to 105,000 seats.
Barcelona will start repaying the financing over 5 to 24 years once the renovation is complete.
The revamped Camp Nou is projected to generate over 200 million euros annually in additional revenue from sponsorships, hospitality, and other sources.