Microsoft confirm Bernabeu talks
November 6, 2013
By ESPN staff
Real Madrid and Microsoft are in talks about naming rights for the Estadio Santiago Bernabeu stadium, a spokesman for the software giant has confirmed.
Real president Florentino Perez said in October that the club were assessing prospective sponsors for the stadium, which will undergo major renovation.
Microsoft already contribute towards several projects run by the Realmadrid Foundation in a partnership between the two that began in May 2012.
"We are two businesses who are in the DNA of young people, in technology and sport," María Garaña, president of Microsoft España, said at its inception.
In an interview with Spanish television channel Antena 3, Garana has confirmed that they are one of the potential candidates.
She said: "We have an excellent relationship with Real Madrid and in fact we recently signed an agreement with its foundation.
"They've raised, as have other companies, renaming the stadium and we're only talking about this possibility."
Any financial boost would be welcome for Madrid who are still heavily in debt -- around 541 million euros according to some reports -- and may find it tricky to borrow further.
Microsoft chairman Bill Gates has already made a six percent investment in Spanish building giant FCC and already has a philanthropic partnership in Latin America and the Caribbean with Real Madrid.