The Spanish giants have bold plans to revamp their famous stadium, with the expectation that it could take up to four years to be completed.
But in order to get the updates underway, Real Madrid president Florentino Perez will need to get permission from club partners for credit to cover the costs, according to Marca.
A new, retractable roof is the major structural difference proposed, while the exterior will be converted to a classy, silver metallic skin.
There are also plans to install a 360-degree video screen is designed to enhance the fans' matchday experience as well as overhaul the private boxes and replace one of the car parks with a space for fans to mingle together before entering the ground.
The entire project will reportedly cost the club a whopping £500million, which according to the Express will plunge Real Madrid into debt for 35 years, and will not see an increase to the 81,044 capacity, but will boost the height by ten metres.
Plans for the renovation were approved by the Commission for Sustainable Urban Development of the City of Madrid in May 2017.
Real Madrid's Bernabeu opened in December 1947 but has undergone two previous revamps, the first prior to the 1982 World Cup, with the stadium hosting the final between Italy and Germany.
With Perez coming in for his first stint as president in 2000, he oversaw the second major overhaul of the stadium in the early 21st century and, after returning from a three-year absence in 2009, has his sights set on the biggest change yet.
In 2016, he said: “With this agreement we will start a process of modernisation and transformation that will convert the stadium into an avant-garde architectural icon.
“This stadium will act as an economic and touristic invigorator and will contribute to strengthening the image of our city.”
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