Loading...
Loading Live Scoring...
*All times CAT (GMT+2)

Football | Spain

Real to build $1 billion holiday resort



Nine-times European champions Real Madrid have unveiled plans to open a branded holiday resort in the United Arab Emirates due to open in January 2015.

'Real Madrid Resort Island' is a $1 billion dollar venture with the RAK Marjan Island Football Investment Fund and the government of the Emirate of Ras Al Khaimah, developed under the club's brand.

No further financial details were given.

A presentation at the Bernabeu on Thursday showed plans for sports facilities, a marina, luxury hotels and villas, an amusement park, a club museum and a 10 000-seat stadium with one side open to the sea.

"It is a decisive and strategic step that will strengthen our institution in the Middle East and Asia," said Real president Florentino Perez.

The 430 000-square metre leisure facility is expected to attract around one million visitors in 2015.

Real said the artificial island's location put it equidistant between Europe and the Far East, adding that more than half of their estimated 300 million followers were based in Asia.



Comments

More expert analysis and opinion from Sport24
The opinions expressed by Sport24 experts and bloggers are theirs alone, and do not necessarily represent those of SuperSport

Event Streaming

Channel Streaming

Other Live Streaming

Event Streaming

Channel Streaming

Sports Talk



Dr Errol Sweeney
Ready for the Big Whistle-Off?
They say time flies when you’re enjoying yourself. For footy followers the start of the 2015/16...

Carol Radull
Fitting curtain raiser for the EPL
Arsene Wenger’s attempts to beat Jose Mourinho have finally born fruit with a thrilling curtain...

John Dykes
Londoners to capitalise on pre-season
On Sunday, Wembley Stadium will once again host a game of football that isn’t all we think it is.

Segun Odegbami
Predicting the EPL winners
We are moments away from the start of the European football season. So, let’s look at the teams...

Calvin Emeka Onwuka
Premier League preview - part 1
Maybe it is a sign of my age, or an indication of how the last two seasons have been for the club I...

Sunday Oliseh
Super Eagles job: an uphill task worth taking
It is definitely the most delicate football job on the African continent and the most demanding.