Real Madrid announces strategic agreement that guarantees it 360 million euros

Real Madrid announced a “strategic agreement” with the investment firm ‘Sixth Street’ and the company ‘Legends’, which specializes in stadium management, to make the Santiago Bernabéu “a world reference in leisure and entertainment”.

In an operation already ratified by its board of directors, Real Madrid officialized an agreement that will bring it an approximate revenue of 360 million euros, as announced by the 'merengue' club in a statement.

Real Madrid reported that, with the 'sealed' alliance, the Sixth Street company "acquires the right to participate in the exploration of new business at the Santiago Bernabéu stadium for a period of twenty years".

Meanwhile, Legends will contribute with its long journey in large stadiums and leisure centers, to “optimize the management” of the new Bernabéu, in such a way that the club ensures that “there will be a before and after this work in the history of the Real Madrid".