Real Madrid has secured a €575m ( €235m ) loan, subject to the purchase of commercial bonds, towards the redevelopment of the football club's stadium, the Bernabéu. The loan could be used as part of a financial restructuring. The stadium redevelopment is also being funded by a €575m investment from JP Morgan and Bank of America Merrill Lynch .
Real Madrid has secured a €235m ($265m) loan, subject to the purchase of commercial bonds, towards the redevelopment of the football club's stadium, the Bernabéu. The loan could be used as part of a financial restructuring. The stadium redevelopment is also being funded by a €575m investment from Bank of America Merrill Lynch and JP Morgan.