MADRID (Indian Express) - Atletico Madrid’s new stadium will be sponsored by Chinese property company Dalian Wanda Group and will be called the Wanda Metropolitano stadium, club president Enrique Cerezo said.
Atletico will move from the Vicente Calderon, their home for the last 50 years, to the new 67,000 capacity ground located to the north east of the Spanish capital in August, 2017.
Wanda has had ties with Atletico since January 2015 when it acquired 20 percent of the club’s shares and began sponsoring the training ground.
"I am honoured to say we have reached an agreement with Wanda to name our new stadium. They are the best partners on our journey to keep working for a better future,” Cerezo told a news conference.
The new ground’s name is also a reference to the club’s first real stadium, the Metropolitano, where they played their first La Liga games and called home until moving to the Vicente Calderon in the south of the city in 1966.