Barcelona board meets Wednesday to set date for assembly on Camp Nou credit extension

Published Jul 27, 01:55 PM UTC

FC Barcelona's board of directors meets on Wednesday to set the date for an extraordinary assembly where members will be asked to approve a credit extension to complete the new Spotify Camp Nou and the rest of the Espai Barça project, including the new Palau Blaugrana. Construction has experienced a cost overrun of between 300 and 400 million euros, though the exact amount to be requested is not yet defined. The club hopes to hold the assembly between late August and early September, preferably on a match day to boost attendance. President Joan Laporta will use the meeting to update members on the stadium's progress, which is expected to reach maximum capacity this season. Additionally, the assembly will vote on an agreement to export the Barça brand to a residential complex in the UAE (potentially earning 10 million euros annually) and a sponsorship renewal with Spotify. Meanwhile, the first team has departed for England for preseason training, with Laporta and VP Rafa Yuste expected to join later due to the board meeting.

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