Barcelona reveal £495m plan to develop 105,000 capacity stadium with roof
Barcelona's board of directors have rejected the option of building a new stadium and will push ahead with a remodelling of the Nou Camp.
Spectacle: The current look of the 95,000 capacity Nou Camp
The project, which also includes the construction of a new indoor basketball arena and various other installations, is expected to cost around £495million (600 million euros) and work would begin in 2017 and be completed by early 2021.
Barca plan to take out bank loans worth £165m and expect £82.5m million from selling naming rights. The rest of the cost would be covered by existing funds.
Matches would still be played while the work, which would see a striking new roof added to the current structure, was carried out.
'It was a difficult decision,' Rosell said. 'The two projects were very attractive but we were committed to put to a referendum a project that was viable from a technical, urban-planning and economic perspective.
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