This midweek has been quite a turnover in Barcelona as they eventually dismissed Ronald Koeman. The Catalan side is working on the return of their former talisman Xavi Hernandez and Camp Nou renovation plan known as Espai Barça.
Blaugrana's most recent loss against Rayo Vallecano this midweek has been the key unforgivable factor which finally triggers the management to relieve their former star in 1990s from his managerial post. Koeman's team's poor form in domestic and European competition by sitting on the ninth and third at the UCL group stage below Bayern and Benfica have been surely enough to put an end to the Dutch boss's brief spell.
The club has been reportedly in progress of bringing back the President Joan Laporta's first choice at the helm of the team, Xavier Hernandez. The 41-year old Spanish boss has agreed for his return to his previous but he would need sometime to discuss the deal with his current club, Qatari Al-Saad to release his contract. In the meantime, the club decided to promote the B team, Sergi Barjuan as the caretaker until Xavi's deal is completed.
Meanwhile, Barcelona is still bound to the mounting debt as much as €1.35 billions and would definitely need more loan for funding this Espai Barca mega project. They have been reportedly holding talks with Goldman Sachs to provide loan worth £1.37 billion to be repaid with interest in 35 years. The club even have to ask their members to participate in raising funds as much as €1.5 billion for this project, plus is expected to generate another €232 million revenue each year to pay back the loan.
Regarding this Espai Barça plan, Joan Laporta made a statement about its benefits:
“Espai Barca will be the largest sports entertainment space in the world. It will be a global reference. It will have great advantages for the city of Barcelona as well as for the club in terms of income.”
This refurbishment would include extending the capacity from 90,000 to 110,000 for Camp Nou and other facilities surrounding is set to start in summer 2022 and expected to be in completion within four years. Consequently, Barcelona will have to play their home games in a different venue, at least for one season.
The first option for their temporary home ground is playing at Estadio Johan Cruyff which is normally used for the pre season as well as the home base of Barcelona B and Barcelona women. Unfortunately, it is not ideal for their fans and business target considering their expected huge revenue. Its low capacity of 6,000 people would limit the Catalan side to maximize their income for the home fixtures. Another option would be playing in Montjuic Olympic stadium, which was used for the opening ceremony of Olympic Games 1992. It was once occupied by Espanyol between 1997 and 2009. This is more suitable one with 60,000 seats in it, despite the fact that they might have to provide some fund for the rent for the city council, the owner of this venue.