Tuesday, March 27, 2012

Real Madrid to build a $1 billion holiday resort in the United Arab Emirates

Nine-times European champions Real Madrid have unveiled plans to build a $1 billion holiday resort in the United Arab Emirates that is due to open in January 2015.

'Real Madrid Resort Island' and to ensure a truly unique location, the sports company plans to construct an archipelago of artificial islands upon which it will be located. Plans will include two high-rise hotels, luxury villas, sports facilities, a marina, an amusement park, a hi-tech museum devoted to the history of the Team and a futuristic 10,000-seat stadium with one side open to the sea. The 430,000-square metre facility project was designed by J+H BOIFFILS and will be constructed in partnership with the UAE government, and they hope to open by 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.

"It is a decisive and strategic step that will strengthen our institution in the Middle East and Asia," said Real president Florentino Perez he also hopes the UAE resort will attract a staggering one million faithful fans in its first year





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