NY Times · May 20, 2022
Real Madrid Secures $380 Million Investment
Real Madrid has been playing at the Santiago Bernabéu Stadium even as it goes through an expensive renovation.Credit...Paul Childs/Action Images Via ReutersReal Madrid, the European soccer behemoth, closed a deal in which the investment firm Sixth Street, based in the United States, will pay about $380 million for a 30 percent stake in the team’s stadium operations.
The announcement Thursday came amid growing optimism among executives that Real Madrid, a 13-time European champion, could complete a deal to sign Kylian Mbappé, one of the most sought after players in world soccer, as a free agent on a contract that could make him the highest-paid athlete in Real’s history.