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SBD Global/June 28, 2012/International Football

Barcelona President Puts Stadium Renovation Plans On Hold

FC Barcelona President Sandro Rosell is putting stadium renovations to Camp Nou on hold despite the €40M ($50M) surplus achieved by the club this past season. Sandro said, "There are two things that need to happen, but they can’t happen until we reduce our debt. We’re taking a step backwards in order to take three steps forward. We will not create the Espai Barça, and the Camp Nou and Palau Blaugrana renovations will not happen at this time." He added: "We can’t proceed with these projects at this moment, however, we will do them at a later date, and the decision will be put to the Club members by means of a Club referendum" (FC Barcelona). SOCCEREX reported that last September, Barça had announced "plans to add 10,000 seats and install new VIP boxes at the Nou Camp, which currently has a capacity of 90,000" (SOCCEREX.com, 6/27).
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