On 22 June 1944, the Banco Mercantil e Industrial bank granted a credit to Santiago Bernabéu and Rafael Salgado for the purchase of the land adjacent to the old Estadio Chamartín. On 5 September 1944, architects Manuel Muñoz Monasterio and Luis Alemany Soler were hired and the structure on the site began to give way to the new stadium. On 27 October 1944, construction work on the stadium began.
The Nuevo Estadio Chamartín (English: New Chamartín Stadium) was inaugurated on 14 December 1947 with a match between Real Madrid and the Portuguese side Os Belenenses, which resulted in a 3–1 victory for Los Blancos.[5] The stadium had an initial capacity of 75,145 spectators, 27,645 of which had seats (7,125 covered) and 47,500 for standing fans. Sabino Barinaga was the first player to score in the new stadium.
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