Barcelona confirmed in March their iconic stadium will be renamed the ‘Spotify Nou Camp’ from next season, after securing a 295 million USD sponsorship deal.And on Thursday, speaking at the Barcelona City Hall, president Joan Laporta revealed the news of their stadium’s 1.5 billion USD renovation.The Spanish giants announced the news after the City’s Governing Commission approved the remodeling of their 99,354-capacity stadium.The Catalan club have confirmed that they will move to the nearby Olympic Stadium for the 2023-24 campaign, while their Nou Camp undergoes substantial renovations.The work on the venue will begin in June, following the end of the football campaign, to its first and second tiers, though the Catalan side will continue to play at the Nou Camp next season, with the third tier set to be demolished in July 2023.Barcelona will move to the city’s Olympic Stadium for the 2023-24 season while Camp Nou undergoes renovations 🏟 pic.twitter.com/QwKqndDSuj— GOAL (@goal) April 28, 2022 The Catalan club will return to the Nou Camp in the 2024-25 campaign, though at a reduced 50 pent capacity, with the renovations to be completed in full by the 2025-26 season.’Renovation work on the Camp Nou, the epicenter of the Espai Barca, will begin this June, just after the end of the sports season, and in accordance with the building permit approved this morning by the City Council’s Government Commission’, a statement from the club read.’The work will focus on the first and second tier, in the technological field, in the environment of the Stadium, and in the urban development outside.’Actions inside the Camp Nou will include the demolition of the additional structure of the south goal where the Medical Center was located, restoration works, anticarbonation and waterproofing of the stands, as well as structural finishes and the improvement and renovation of the retransmission systems.’📸| Renders del nuevo Camp Nou. Se prevé que las obras comiencen en verano de 2022 y concluyan en 2025. pic.twitter.com/IqurGW0aCc— Ainhoa🎙 (@EspacioBarca) October 18, 2021 For the first time since 1957, Barcelona will play away from the Nou Camp during the 2023-24 season, making the 60,000-capacity Olympic Stadium their temporary home.Based in Montjuic in Barcelona, the Olympic Stadium – also known as the Estadi Olimpic Lluis Companys – was the primary venue for the 1992 Olympic Games.Spanish side Espanyol also used the stadium as a base from 1997 until 2009, before moving into the newly-built RCDE Stadium.Barcelona must ensure the relevant institutions that the Olympic Stadium is in good enough condition for the 2023-24 season – as well as progressing with their Camp Nou renovations.Sun 22:00: (1.37) Barcelona (5.10) Mallorca (7.75)The renovations will include numerous changes. Every single seat will be covered underneath a stadium roof, unlike the current version of the Nou Camp which is completely uncovered. Barcelona have promised the fans a safer stadium with better entrances when they return. Barcelona will also create more facilities for supporters, including new VIP areas, while the seats inside the stadium – the fourth largest football arena in the world – will also be bigger after the plans are completed.The club had planned to demolish the third tier a year earlier, but have opted to push the start date back due to the ‘uncertainties generated by the war in Ukraine’.’In the face of the uncertainties generated by the war in Ukraine, especially with regard to rising material prices and their supply, it has been decided to impose a precautionary principle, minimizing risks and protect next season’s revenue, but with the least possible impact on the works schedule.##EDITORS_CHOICE##’For this reason it has been decided to plan the demolition of the third tier for the summer of 2023, which will save time in the face of current price uncertainty, and ensure virtually total capacity of the Camp Nou next season, as the demolition meant having to compete in the 2022/23 season with a 50% reduction in capacity.’