Atletico sold the stadium name for a high price

2024-10-09 18:36 © scanpix

The Madrid "Atletico" team announced an important event.

The "La Liga" club decided to sell the name of its stadium, which will henceforth be called "Riyadh Air Metropolitano," for a high price to the Arabs.

It was reported that the agreement between both parties will last for nine seasons and will bring the team revenues of 250-300 million euros, depending on potential bonuses.

The stadium in the Spanish capital has a capacity of 70,400 spectators and was renovated in 2017 for a sum of 240 million euros.

Welcome to the Riyadh Air Metropolitano!

Agreement with our main sponsor for the naming of our stadium until 2033 🏟️

➡ https://t.co/s2xlobzmSH pic.twitter.com/gmEOGmgGyV

— Atlético de Madrid (@atletienglish) October 9, 2024

Emotion Takes Flight. pic.twitter.com/FbfsX3AqKX

— Atlético de Madrid (@atletienglish) October 9, 2024