Barcelona members approve staggering £1.3BILLION Nou Camp renovation despite being in debt for same amount
BARCELONA have approved a £1.3billion renovation of the Nou Camp despite the club being in financial crisis.
The Catalan giants' first ever online vote was held on Sunday as the plan was passed through with 42,693 club members backing the stadium overhaul.
A total of 5,055 voted against the project while 875 abstained. More than 40 per cent of Barcelona's members chose to have their say in the decision.
The project – which has been titled 'Espai Barca' – will be funded by a third-party loan.
And members had vocalised their concerns around the financial aspect of the plan, particularly given the club's debt already stands at more than £1bn.
This forced president Joan Laporta to call the referendum to push the plan through.
The project is expected to be finished in 2025, with part of the stadium set to be closed for the 2022-23 season.
Then for the 2023-24 campaign Barca will likely have to play elsewhere – potentially at the Olympic Stadium in Montjuic.
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