Real Madrid's Florentino Perez Seeks €370M Debt for Bernabeu Renovation, $390M Borrowing

Real Madrid's president, Florentino Perez, is pushing for the club to take on over €370 million in debt for the renovation of Santiago Bernabeu stadium. The club is set to borrow about $390 million from institutional investors for the renovation. Perez aims to protect the club's ownership and bring an organizational structure to shield Real Madrid. He also mentioned increased spending in LaLiga, particularly on the president's salary.