F.C. Barcelona has received $1.6B in funding to redevelop its stadium.
Goldman Sachs and JP Morgan led the financing.
F.C. Barcelona's Spotify Camp Nou stadium is Europe's largest. The stadium currently can seat 99,000 people.
- If the club's renovation project is implemented, the stadium would have an increased capacity and improved facilities, which the club estimates could help generate over $270M each year in extra revenue.
- The club stated that no club assets were sold, and a mortgage was not taken out on the stadium to raise the funding.
- F.C. Barcelona is set to pay back investors in tranches after five, seven, nine, 20, and 24 years.
- The club is unique in its ownership structure. Decisions for the club are made by over 146,000 members, making it a nonprofit.
One of Europe's most successful and famous clubs, F.C. Barcelona, has battled several scandals. A few years ago, the club was banned from transferring players after breaking FIFA's rules on young player transfers.
- Recently, the club has been accused of donating funds to benefit from a referee decision that allegedly went in its favor.
