Santiago Bernabeu was criticised for the Pharoah-esque grandeur of his plans to construct a stadium holding 100,000 fans but his dream was realised in 1947, and the arena was named after him eight years later.
In the 1950s it was extended to hold 125,000 spectators and for the 1982 World Cup was remodelled to include a roof over 75 per cent of the ground, with reduced capacity, whilst in the 1990s an extra tier was added to make it an all-seater arena.
The Bernabeu has hosted four Champions League finals and was the scene of the 1982 World Cup Final between Italy and West Germany. In 2013, Florentino Perez announced a redevelopment project which would increase the capacity from 81,000 to about 88,500. Perez added that Real is seeking to sell the naming rights for its stadium and looking for a sponsor for the €400 million project.
The proposed design of the stadium renovation, produced by German architects GMP, was unveiled on January 31, 2014. The bold design includes a retractable roof, with the overall cost of around €400m likely to be met half via the sale of naming rights and half via a bond issue to Real members, according to Spanish media reports.