Real Madrid football club received a loan of 575 million euros for the restoration of the Santiago Bernabéu stadium until 2049, sport.ru informs.

It is reported that the interest rate is 2.5 percent per annum, and the repayment period is 30 years.

The money will be transferred in three stages: in July 2019, 2020 and 2021.

Starting from 2023, the annual payment will be 29.5 million euros.

The project is funded by JP Morgan and Bank of America Merrill Lynch in collaboration with Banco Santander, Societe Generale and CaixaBank.

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