Atletico madrid new stadium cost
Atletico Madrid's new stadium, the Wanda Metropolitano, was opened in 2017 and has a seating capacity of approximately 68,000 spectators. The construction of the stadium was a major project for the club, and it was funded through a combination of public and private investment.
The total cost of the stadium was around €575 million (approximately $650 million USD), which was financed through a combination of sources, including:
- Public funding: The Madrid City Council and the Community of Madrid contributed €150 million (approximately $170 million USD) towards the construction of the stadium.
- Private investment: Atletico Madrid invested €200 million (approximately $230 million USD) of its own funds towards the construction of the stadium.
- Sponsorship and revenue: The club also generated revenue through sponsorship deals and ticket sales, which helped to offset the cost of the stadium.
The Wanda Metropolitino is considered one of the most modern and state-of-the-art stadiums in the world, with advanced facilities and amenities for players, staff, and spectators. The stadium has hosted numerous high-profile matches, including Champions League and La Liga games, as well as international friendlies and concerts.
Here is a breakdown of the estimated costs of the Wanda Metropolitano stadium:
- Construction costs: €425 million (approximately $490 million USD)
- Land acquisition costs: €50 million (approximately $57 million USD)
- Design and engineering costs: €20 million (approximately $23 million USD)
- Furniture, fixtures, and equipment costs: €20 million (approximately $23 million USD)
- Contingency fund: €20 million (approximately $23 million USD)
- Total cost: €575 million (approximately $650 million USD)
It's worth noting that these costs are estimates and may have varied depending on various factors, including changes in construction costs, design changes, and other factors.