European Champions Swimming In N126bn Debt, As Stadium Could Be Renamed 'Bernabeu Fly Emirates'.

20:43 - 20 September 2014

Real Madrid posted a debt report of €602 million as they prepare to hold AGM, to discuss a possible renaming for the Santiago Bernabeu

Real Madrid have posted a debt record of N126bn (€602 million), according to Spanish source, Marco Ruiz of .

The Club which will be having its Annual General Meeting (AGM) has been servicing number of debts over the years, with last year’s recorded to be 541 million

Concisely, the report from Marco Ruiz reads

Madrid however, are not daunted with this debt, as they are looking to upgrade the Santiago Bernabeu and are looking at a possible naming right for the famous edifice

Though no name has been put forward, but there are speculations that Fly Emirates are coming forward for a deal which could likely rename the stadium , or ."