Real Madrid has secured a € 235 m ( $ 265 m ) loan , subject to the issue of commercial bonds , towards the redevelopment of the Spanish club 's stadium , the Bernabéu . The loan will be used as part of a financial restructuring . It is also reported that the interest rate will not exceed 2.5 per cent, meaning that Madrid will make annual repayments in the region of €30 million (US$33.8 million) for 20 years. The stadium redevelopment is also being funded by a € 575 m loan from Bank of America Merrill Lynch and JP Morgan .
Real Madrid has secured a € 235 m ( $ 265 m ) loan , subject to the issue of commercial bonds , towards the redevelopment of the Spanish club 's stadium , the Bernabéu . The loan will be used as part of a financial restructuring . The stadium redevelopment is also being funded by a € 575 m loan from Bank of America Merrill Lynch and JP Morgan .