"Real" Santiago Bernabeu reconstruction works will cost 400 million euros (PHOTO) © EuroFootball.com

The president of Madrid's "Real" Florentino Perez presented at an event held at the club on Friday how the new "Santiago Bernabeu" stadium will look.

It was revealed that the reconstruction works for the Spanish vice champions will cost around 400 million euros, and the project was won by German architects.

There were reports in the press that one of the largest companies in the world, "Microsoft", may contribute to the reconstruction of the stadium, but then "Real" club would have to give up the legendary stadium's name.

"We want the "Santiago Bernabeu" stadium to be the best in the world," - said F. Perezas. - "We believe that after this project, we will continue to have an impeccable reputation worldwide."

The reconstruction will begin after this season, and the construction is likely to be completed in 2017.

The current "Santiago Bernabeu" accommodates 85 thousand spectators. The stadium was built in 1947.