Soccer-Real Madrid sign 360 million euro Bernabeu deal with Sixth Street

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(Reuters) - Real Madrid have reached a 360 million euro ($380.95 million) agreement with Sixth Street that will allow the U.S.-based investment firm to host events at the renovated Santiago Bernabeu stadium, the LaLiga club said on Thursday.

The Spanish champions, who won a record-extending 35th LaLiga title in April, said the partnership included Legends, a premium experiences company that caters to sports and live venue organisations.

The agreement, which the club said would allow for multiple events to be hosted at the stadium throughout the year, was ratified at a meeting of Real's board of directors on Wednesday. "Through this alliance, Sixth Street acquires the right to participate in the operation of certain new businesses of the Santiago Bernabeu stadium for twenty years.

 

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