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Real Madrid football club has lent its name to a $1 billion theme park being planned on an artificial sand island in the United Arab Emirates, reports The Financial Times.According to reports, the Real Madrid Resort Island will be opened in 2015. The club
April 6, 2018
According to reports, the Real Madrid Resort Island will be opened in 2015. The club’s brand extension is planned as part of the emirate of Ras Al Khaimah’s efforts to boost tourism.
The resort will feature the world’s first stadium to open out on to the sea, as well as a Real Madrid museum and youth training academy. It will also feature hotels and a marina.
Real Madrid says it has an estimated 300 million fans globally, with more than half of these based in Asia. According to the Deloitte Football Money League, Real Madrid generated revenues of €479.5 million in 2010-11.
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