Real Madrid’s plans for a multi-million euro redevelopment of their Santiago Bernabeu stadium have suffered a setback after an agreement with the city council was quashed by a Madrid court.
The European champions have ambitious plans for the iconic venue but Madrid’s High Court has put the renovation on hold with the club under investigation over a related land deal.
“The High Court of Madrid has overturned the agreement from 15 November 2012, issued by the community of Madrid’s Governing Council, which approved the specific modification of the Madrid general development plan, a decision that affects the Santiago Bernabeu,” the club said in a statement.
“Following this ruling, Real Madrid C.F. will work with the city council and the community of Madrid to address those aspects that require attention in order to make the Santiago Bernabeu reform project viable.”
Real Madrid announced plans just over a year ago to make the Bernabeu “the best stadium in the world” with an estimated 400 million euro ($453 million, £297 million) development, which would include the construction of retail, leisure and restaurant zones, a hotel and underground parking.