Real Madrid president Florentino Perez has confirmed that the club will release their plans for the redevelopment of the Santiago Bernabeu in the coming weeks, reports FourFourTwo.
Back in October last year, Real revealed four individual plans for the renovation of their stadium, with the Spanish champions eager to increase their match-day revenue.
The Bernabeu was opened in 1947 and has already undergone two renovations in its history. The first came in 1982 for the World Cup hosted by Spain and the second in 2001 to increase its capacity.
It is currently the third largest stadium in Europe, only behind Barcelona's Nou Camp and Wembley. The capacity currently stands at 85,000, and the plans will look to increase that even further.
"I want a stadium that doesn't look like a stadium and is profitable" Perez told reporters upon the announcement of the stadium plans.
"The redevelopment will cost between €300million and €400m," Perez said.
"The winning project will be awarded in the next few weeks."
It has been suggested that Perez is keen to ensure the roof covers all seats and spectators in the stadium, and to make it more aesthetically pleasing from the outside.
Rumours are rife that the stadium will be illuminated around the entire exterior, to help bring the stadium into the 21st century.
"It will provide the stadium 'with an outer skin that will be a crowning architectural achievement".
"'The Bernabeu has to become a unique stadium, the best in the world, and the crowning achievement of 21st Century stadium architecture."
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