Real Madrid have today unveiled plans for a redevelopment of the Bernabeu that will cost €400million (£342m).
President of the club, Florentino Perez, showed the new designs to the media earlier, and declared that he wanted to make the ground the best in the world.
He said: "It's time to face another challenge has come, we want to make the Santiago Bernabeu is the best stadium in the world."
"Our commitment is to continue increasing the heritage of our club, thus gain in economic strength, so we can continue to lead in an environment of increasing competition."
"We believe in a project that will enhance our image, brand and city that we also feel proud of"
The stadium will receive a new exterior, and as the designs showed, a retractable roof.
It's estimated that developed the re-development will take three years to complete, with work due to begin at the end of the season.
Reports in the spanish media, suggest that Madrid could sell naming rights for the stadium, in a bid to fund the rebuild.
The stadium that was initially opened in 1947, has seen a number of renovations that have increased its capacity to 85,00. The latest renovation will see the captaincy expand to 90,00.
This will see it hold a joint second position with Wembley for the biggest stadium in Europe, with Barcelona's Nou Camp still holding that honour.
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