• Loading stock data...
Wednesday, June 18, 2025

Barcelona Given $966M Budget to Renovate Camp Nou

  • The venue has been Barcelona’s home field since 1957.
  • Renovations will begin in June 2023 and are expected to be completed by June 2026.
FC Barcelona

FC Barcelona will continue its spending spree with the redevelopment of its historic stadium. 

The La Liga giants have announced plans to upgrade Spotify Camp Nou within a budget of $966 million, as outlined by team president Joan Laporta. 

In March 2022, Barcelona secured a long-term sponsorship deal with audio streaming platform Spotify reportedly worth $306 million, which made the latter the club’s main sponsor and rebranded Camp Nou. 

  • The venue has been Barcelona’s home field since 1957. 
  • It has a seating capacity of 99,354 — Europe’s largest. 
  • Renovations will begin in June 2023 and are expected to be completed by June 2026

Barcelona is redeveloping Spotify Camp Nou after using “economic levers” to alleviate debt and register players during last year’s transfer market. 

The club landed a deal with private equity firm Sixth Street to sell a 10% stake in its TV rights worth up to $278 million. Barcelona sold an additional 15% stake to Sixth Street for $326.5 million

Last August, the club agreed to sell a 24.5% stake in Barca Studios — Barcelona’s media production arm — to audiovisual production company Orpheus Media for $102 million. It sold another 24.5% stake in Barca Studios to fan engagement app Socios.com for $102 million.

Barcelona-president-Joan-Laporta

Barcelona Sells 25% Stake in Media Arm for $102M

FC Barcelona has struck a deal to sell a 24.5% stake in…
August 1, 2022

Very Valuable 

Barcelona reported a profit of $111 million behind $1.15 billion in revenue for the year ending June 2022.

The club is the second-most-valuable soccer team at $5 billion, per Forbes.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Panthers Repeat as Stanley Cup Champs, Buoyed by Bold Deadline Move

The second consecutive Cup helps cement the South as a hockey stronghold.
Jun 16, 2025; Omaha, Neb, USA; Arkansas Razorbacks starting pitcher Gage Wood (14) celebrates completing a no hitter against the Murray State Racers at Charles Schwab Field.

College World Series Enters Cinderella Era

A series of upsets gives the fast-growing event a new look this year.
Lydia Ko

PGA Championship Ties U.S. Open for Richest Purse in Women’s Golf

This week’s tournament will offer $12 million in prize money.

Streaming Tops Linear for First Time, Sports Still Key to TV’s Resilience

Streaming hits another critical milestone in an accelerating media transition.

Featured Today

Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.
Jun 10, 2025; Nashville, Tennessee, USA; United States head coach Mauricio Pochettino stands during the anthem against the Switzerland during the first at Geodis Park
June 14, 2025

Gold Cup Is Complicated for USMNT—but U.S. Soccer Has Its Eyes on..

Uncertain tournament success isn’t fazing forward-looking U.S. soccer.
Jan 24, 2017; Davidson, NC, USA; The Davidson Wildcats student section cheers during the first half against the Duquesne Dukes at McKillop Court at John M. Belk Arena. Davidson defeated Duquesne 74-60.
June 6, 2025

Every College Wants a Flashy Basketball GM Hire Right Now

The role is more important than ever, and the definition is ever-evolving.
August 31, 2024; Columbus, Ohio, USA; The Goodyear blimp flies over Ohio Stadium during the first half of Saturday’s NCAA Division I football game between the Akron Zips and the Ohio State Buckeyes.
June 6, 2025

Why the Goodyear Blimp Is at Every Major Sports Event

The airship wasn’t built to cover sports. Now it’s a regular presence.
MLS Chicago Fire FC stadium rendering of hero visual

Chicago Fire Planning $650M Stadium As Bears, Sox Projects Stall

The MLS club unveils designs for its planned 22,000-seat stadium.
June 12, 2025

$3.8B Commanders Stadium Deal at Risk Over Political Rift

D.C.’s mayor and council chair spar publicly over the proposed football stadium.
June 12, 2025

$2.4B Browns Stadium Plan Clears Hurdle With $600M State Backing

Legislative support for the stadium plan is clear, but more hurdles remain.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Ted Leonsis unpacks basketball’s global rise, media rights, and portfolio ownership.
June 11, 2025

Missouri Approves Chiefs, Royals Stadium Funds Despite Intense Debate

A funding measure passes easily after hours of often-tense debate.
May 27, 2015; Paris, France; Mirjana Lucic-Baroni (CRO) knocks the clay off her shoe during her match against Simona Halep (ROU) on day four of the French Open at Roland Garros
June 4, 2025

Roland-Garros’s Iconic Red-Clay Surface Is a Precise Alchemy

The exact science behind maintaining the French Open’s red clay.
Soccer
June 3, 2025

Chicago Stars Aren’t Asking for Taxpayer Stadium Money—Yet

A unique new law will compel Illinois lawmakers to consider women’s teams.
June 3, 2025

While Bears and White Sox Stall, Chicago Fire Make Stadium Move

The proposed $650 million stadium will be privately financed.