Real Madrid to begin stadium revamp at the end of the season

Real Madrid president Florentino Perez said on Tuesday the club hope to begin the revamp of the Santiago Bernabeu as soon as the current season finishes.

The new design of Madrid's stadium will cost around 500 million euros ($560 million) and includes a retractable roof and pitch, as well as a metal envelope around the outside, which will be able to project images and videos.

"The plan has been approved," said Perez on Tuesday, during an unveiling at the ground, also attended by the Mayor of Madrid, Manuela Carmena.

"That's why I want you to know that next week, we will sign the final contract and during the month of April we will begin allocating the projects with the aim of starting as soon as possible when this season finishes."