Atletico Madrid have generated €100m in selling two plots of land at their old Vicente Calderon stadium, with a further plot still to go.
The club expect to rake in a total of €180m from the sale of the area which held their stadium that they vacated at the conclusion of the 2016/17 campaign.
The sale to the Azora and CBRE GIP fund was confirmed this week and will generate significant revenue for the capital club.
Atleti expect to make another €80m from selling the main package, the largest which stands at 28,481 square meters of the entire 63,076 square meters of land.
The summary of the situation in Diario AS adds that the club “had the foresight to obtain an economic benefit of between €170-180m and that forecast will be met.”
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tucbenu
0
in which channel will they broadcast numancia vs atletico Madrid in qatar
UUCall
0
I dont think that kind of money allowed to be part of transfer budget but I wish this deal be done as we can go for Pogba
pplive
0
Wow they richer than us rn
limited
0
Now we can afford pogba if they buy james POGBOOOOOM
shymelly
0
The money will not be used in the transfer window.
Grovertodd
0
damn that’s crazy how some players in this market are worth more than land lmaoo
xiamain
0
Sell the grounds to another stadium and maybe they could afford the great one...
postage
0
They can easily afford James now.