{"id":435516,"date":"2023-05-14T02:27:51","date_gmt":"2023-05-14T06:27:51","guid":{"rendered":"https:\/\/7sport.net\/ca\/?post_type=news&#038;p=435516"},"modified":"2023-05-13T23:55:53","modified_gmt":"2023-05-14T03:55:53","slug":"real-madrid-lose-440-million-sponsorship-battle","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/real-madrid-lose-440-million-sponsorship-battle\/","title":{"rendered":"Real Madrid lose $440 million sponsorship battle"},"content":{"rendered":"<p>Spanish soccer team Real Madrid have lost a $440 million court battle with Abu Dhabi sovereign investor Mubadala (MUDEV.UL) over the proposed sponsorship of its stadium in Madrid, Reuters reports.<\/p>\n<p>Real Madrid had claimed 400 million euros ($440 million) from Mubadala because it said the Abu Dhabi sovereign investor failed to honor a sponsorship deal under which it would acquire rights over the name of Santiago Bernabeu stadium for 20 years.<\/p>\n<p>In 2014, Real agreed a strategic partnership with Abu Dhabi fund international Petroleum Investment Co (IPIC), now Mubadala, to help finance a planned stadium overhaul.<\/p>\n<p>The project was meant to add a striking new roof and exterior to the current structure and include a hotel and a shopping center, to help the world\u2019s richest club by income boost its revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spanish soccer team Real Madrid have lost a $440 million court battle with Abu Dhabi sovereign investor Mubadala (MUDEV.UL) over the proposed sponsorship [&hellip;]<\/p>\n","protected":false},"author":137,"featured_media":435517,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[17375],"news_category":[137,14235],"gn_keywords":[327],"acf":{"announce":"Los Blancos had a deal with Abu Dhabi investor for their stadium renovation ","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/435516"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=435516"}],"version-history":[{"count":0,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/435516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/435517"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=435516"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=435516"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=435516"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=435516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}