Soccer-Barcelona approves debt plan for stadium renovation


FILE PHOTO: Soccer Football - LaLiga - FC Barcelona v Elche - Camp Nou, Barcelona, Spain - December 18, 2021 General view inside the stadium before the match REUTERS/Albert Gea

(Reuters) - Spanish soccer club Barcelona in a referendum on Sunday night approved new financial plans including an additional 1.5 billion euros that will enable the club to renovate its iconic but languishing Camp Nou stadium and its surroundings.

Goldman Sachs, which had agreed to lend 595 million euros to help restructure the club's debt in August, will finance the stadium revamp under a 35-year plan, including an initial five-year grace period.

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