How Much Money The New Real Madrid Stadium Costs

The price and new appearance of the Santiago Bernabeu

Daniel Mesa
3 min readSep 17, 2023
Image by the author

Real Madrid’s stadium, the Santiago Bernabeu, was last renovated in 1980 (for the World Cup). After 40 years with the same appearance, in 2019 the club decided to update the whole building to a new, state-of-the-art stadium. And, obviously, it costs a whole lot of money.

When the project was presented in 2018 in Florentino’s office (President of Real Madrid), the price for the new stadium was around 630 Million euros (€). This was the model presented to the club 5 years ago:

Image by Real Madrid

The version you are seeing now won against another 4 possible stadiums made by different building companies, which were discarded after the celebration of Real Madrid’s members poll. In 2019 the project was finally approved and the work began.

It’s Going to Cost More Than We Expected

While the stadium was under construction, a new technology emerged, something that wasn’t in the plan. This new technology consisted of an “elevator” that would move the stadium’s grass underground to preserve it when it’s not…

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