Rivals cashing in after stadium renovated for £1.5bn hit with concert ban

REAL MADRID are losing millions after the Santiago Bernabeu was banned from hosting concerts.

The iconic ground underwent a stunning £1.5billion renovation last year to make it a world-class arena for both football and other events.

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Taylor Swift was one of many megastars to perform at the Bernabeu following its opening 12 months ago.

But the project masterminded by Real Madrid president Florentino Perez to see the biggest names in music take to their stage has failed.

Neighbours have filed a legal complaint over noise levels and gigs have been cancelled.

The court case remains ongoing and Real Madrid’s bitter rivals Atletico are profiting from it.

Several concerts have switched to their Metropolitano Stadium ten miles down the road.

Ed Sheeran, Imagine Dragons and AC/DC among those playing at the home of Atleti this summer.

The Bernabeu’s neighbours registered noise levels to be above 90 decibels during the shows last year.

Local Enrique Martínez de Azagra told the BBC that the noise from concerts is different to football atmospheres.

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He said: “It is impossible to suffer this kind of noise and it affects our health, it affects migraines, insomnia and heart attacks and it is a criminal offence in our laws.

“Football is a sport that lasts two hours, more or less. The noise is normal. Only when there is a goal, the passion surges.”

Real Madrid are reportedly working on a plan to “soundproof” their stadium.

Yet critics like neighbour Enrique claim it would be “impossible”.

Despite the concert setback, Real Madrid are still raking it in from their revamped stadium.

They are said to be generating revenue of £1million PER DAY via their stadium through tickets, tours and merchandise sold.