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
Do referees favour certain teams?
The recent controversy over the removal of EPL referee Kevin Friend is still causing shock waves.

Calvin Emeka Onwuka
Arsene Wenger not going anytime soon
I strongly believe that had Chelsea and Jose Mourinho made a better start to the season then...

Clyde Tlou
Six points to save African football
Reaching the quarterfinals only three times in 13 World Cup appearances is a clear sign for Africa...

Segun Odegbami
West Africa should host the 2030 World Cup
I believe that the future holds great promise for Nigeria and that football shall play a big role...