Abu Dhabi Bernabeu: Real Madrid Set to Sell Stadium Naming Rights In £300m Deal

Claims follow Real Madrid president caught on camera in November admitting to name change.

Real Madrid’s stadium the ‘Santiago Bernabeu’ will be renamed the Abu Dhabi Bernabeu according to reports in Spain.

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The claims by Spanish newspaper AS have not yet been confirmed by Real Madrid who have yet to comment on claims the name will be changed at all.

In October 2014, Real signed a deal with International Petroleum Investment Company and despite the key details of the agreement not being revealed by Perez he indicated that it would allow the club to redevelop their stadium but said nothing of naming rights.

However, club president Florentino Perez was caught on camera admitting that the stadium would be called whatever Abu Dhabi investment group IPIC wanted to in November last year.

Perez was filmed talking to a member of the Madrid regional government at a commercial event for club sponsors Microsoft, who themselves were touted as potential naming rights candidates, saying “We’ll call it IPIC Bernabeu or whatever they want…or Ceps Bernabeu,” reports Guardian.

The stadium is currently renamed after Real’s pioneering chairman Santiago Bernabeu Yeste but with these latest reports it appears this could be coming to a swift end.

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