The Arab money country 'Dubai' are now investing into sports all across the globe, has Abu Dhabi is set to have its name in front of one of the world's most iconic stadiums, the Santiago Bernabeu.
According to report, the Arab Emirate has sealed a financial partnership worth 15milion a year with Real Madrid in November 2014 and will last a reported 20-year period. Diarios AS claims this deal includes the naming rights for the club's stadium.
Micorsoft and Coca-Coal were also in the race to win the rights, but Spanish energy Cespa- which is owned by the IPIC (International Petroleum Investment Company), which is owned by the Abu Dhabi government - beat both companies to it.
Although president Florentino Perez was caught on camera saying the stadium will be called "IPIC or Cespa, whatever they want", but As reports the sponsors have settled for 'Abu Dhabi Bernabeu'.
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According to report, the Arab Emirate has sealed a financial partnership worth 15milion a year with Real Madrid in November 2014 and will last a reported 20-year period. Diarios AS claims this deal includes the naming rights for the club's stadium.
Micorsoft and Coca-Coal were also in the race to win the rights, but Spanish energy Cespa- which is owned by the IPIC (International Petroleum Investment Company), which is owned by the Abu Dhabi government - beat both companies to it.
Although president Florentino Perez was caught on camera saying the stadium will be called "IPIC or Cespa, whatever they want", but As reports the sponsors have settled for 'Abu Dhabi Bernabeu'.
