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​Goldman Sachs on board with Barcelona

Barcelona have appointed American financial services company Goldman Sachs to advise them in their mission to redevelop their stadium complex, the Camp Nou, www.sportspromedia.com/.

The renovation of the area around and including the main venue, which also involves the construction of a hotel and shopping areas, has a budgeted cost of €600 million.

Goldman Sachs were enlisted by both Tottenham Hotspur for their new stadium, as well as AS Roma for extra funding.

The American finance company will not just work to secure a loan for Barcelona, but also to explore other means of investment such as naming rights and advertising space. The club's plan is for the fundraising to take three forms: commercial deals, naming rights and a syndicated loan, which is the main function of the Goldman Sachs partnership.

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Ian Ferris
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Ian Ferris

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