Real Madrid have taken out an additional loan of €225million for a new phase of remodelling work at the Santiago Bernabeu that will see an underground greenhouse installed.
Los Blancos initially confirmed plans for the €525m renovation four years ago, with the work set to increase capacity by 4,000 to roughly 85,000 and include the incorporation of a retractable roof and pitch.
Construction work began in 2020 during the hiatus ushered in amid the early months of the coronavirus pandemic, with Madrid subsequently playing their home matches at Estadio Alfredo Di Stefano – the club's training base – when the 2020-21 season resumed.
Madrid eventually returned to the Santiago Bernabeu in September this year but much of the remodelling is yet to be completed, with the club now confirming an extra phase has been added.
The subterranean greenhouse will ensure their playing surface remains pristine even when it is retracted.
Providing details of the loan and its use, a club statement read: "Real Madrid signed the extension of the financing of the works not initially included in the Santiago Bernabeu stadium remodelling project through a new loan for a total amount of €225million, with a term of 27 years and a fixed interest rate of 1.53 per cent.
"These conditions are the best ever obtained for long-term financing in the sport industry. The loan also includes a grace period for the repayment of the principal, so that Real Madrid will not start repaying the loan until 30 July 2024.
"The funding will be used for the construction of a large underground greenhouse which was not foreseen in the initial work due to its complexity and which was technologically resolved at a later date.
"This greenhouse will allow the automatic removal of the pitch and its preservation in optimal conditions and in perfect shape to be used when a football match is to be held. In this way, the number of events that can be held without impacting the grass will be maximised."
Leicester's Fatawu ruled out for rest of season with ACL injury
Leicester City manager Steve Cooper confirmed Abdul Fatawu will miss the rest of the season.
The 20-year-old sustained an anterior cruciate ligament injury (ACL) while playing for Ghana against Angola during the international break.
Fatawu has featured in all 11 of Leicester's Premier League matches so far this season and has registered two assists.
No Leicester player has attempted (61) or completed (29) more dribbles than him, while his 30 crosses is also a team-high in the top-flight this season.
"It's not good, it's a serious injury," said Cooper ahead of their match against Chelsea on Saturday.
"It's a real blow, first and foremost for him, being a young player and having an injury as serious as what an ACL is.
"Albeit, it can be quite common in sport, and in particular football, but it's still a serious injury.
"For it to happen at a young age is a blow for him and a blow for us as well.
"He's obviously a big talent and a young player, as exciting as he can be at his age, with lots to learn.
"It's only a pause, and we will make sure, as difficult as it is at the moment for him, that he comes back being a stronger player and person, which, with the mentality and character that he has, I think will be the case."
Arsenal qualifying for Champions League quarter-finals feels 'surreal', says Slegers
Renee Slegers says it feels "surreal" that Arsenal have secured their place in the Champions League quarter-finals with two games to spare.
The Gunners will finish at least second in Group C after Lina Hurtig's late strike secured a 1-0 win over Juventus on Thursday.
What looked to be a frustrating encounter was turned around by Slegers' substitutions, and after missing a glorious chance, Hurtig was eventually the difference at the Emirates.
Arsenal created 3.69 expected goals (xG) from their nine shots, getting three on target, compared to just 0.5 for Juventus, who tested Daphne van Domselaar the same amount of times.
Slegers was impressed by her side's resilience as they pushed to come away with all three points.
"It's surreal to be honest," Slegers said post-match. "I never felt we would get into this situation. We have done really well.
"I was part of Jonas [Eidevall's] staff and there was so much that was built during his time. I don't want to separate that. There is so much we are still building on. It's surreal in so many ways but we are very happy.
"I'm just happy for the team to win. Obviously, we have amazing depth in the squad, and we know anyone can do it for us - whether it's starting players or finishing players.
"It's the visualisation of how much everyone contributes in the team. I think that's what it means for us."
Slegers took over as interim manager following Jonas Eidevall's departure last month and has gone unbeaten in her first seven games, winning six and drawing one.
They have won each of their last five in all competitions, and have not conceded a goal in their previous four matches.
"It was just a very impressive block of the team," Slegers said. "We conceded only one goal during this whole block, so defensively very solid.
"The players have been stepping up big time, they've been owning this; we tried to relay it back to them all the time, so giving them the ownership.
"I'm just very happy with how the block has been, different challenges along the way, so all games have asked something different from us. We've responded to that really well, sticking to our identity but also playing the game that's ahead of us."
Arsenal qualifying for Champions League quarter-finals feel surreal, says Slegers
Renee Slegers says it feels "surreal" that Arsenal have secured their place in the Champions League quarter-finals with two games to spare.
The Gunners will finish at least second in Group C after Lina Hurtig's late strike secured a 1-0 win over Juventus on Thursday.
What looked to be a frustrating encounter was turned around by Slegers' substitutions, and after missing a glorious chance, Hurtig was eventually the difference at the Emirates.
Arsenal created 3.69 expected goals (xG) from their nine shots, getting three on target, compared to just 0.5 for Juventus, who tested Daphne van Domselaar the same amount of times.
Slegers was impressed by her side's resilience as they pushed to come away with all three points.
"It's surreal to be honest," Slegers said post-match. "I never felt we would get into this situation. We have done really well.
"I was part of Jonas [Eidevall's] staff and there was so much that was built during his time. I don't want to separate that. There is so much we are still building on. It's surreal in so many ways but we are very happy.
"I'm just happy for the team to win. Obviously, we have amazing depth in the squad, and we know anyone can do it for us - whether it's starting players or finishing players.
"It's the visualisation of how much everyone contributes in the team. I think that's what it means for us."
Slegers took over as interim manager following Jonas Eidevall's departure last month and has gone unbeaten in her first seven games, winning six and drawing one.
They have won each of their last five in all competitions, and have not conceded a goal in their previous four matches.
"It was just a very impressive block of the team," Slegers said. "We conceded only one goal during this whole block, so defensively very solid.
"The players have been stepping up big time, they've been owning this; we tried to relay it back to them all the time, so giving them the ownership.
"I'm just very happy with how the block has been, different challenges along the way, so all games have asked something different from us. We've responded to that really well, sticking to our identity but also playing the game that's ahead of us."
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