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He vowed within his promotion in order to remove the fresh club’s �270 mil financial obligation and you may modernize the fresh club’s business. It win noted the start of a profitable period in the Real Madrid’s records. Lower than his presidency, the brand new club was reconstructed pursuing the Municipal Conflict, in which he oversaw the development of one’s club’s current stadium, Estadio Actual Madrid Bar de Futbol (now-known because Santiago Bernabeu), and its own knowledge institution Ciudad Deportiva.