Real Madrid resort plan may be moved to Abu Dhabi - Construction - ArabianBusiness.com:
"A planned $1 billion Real Madrid-branded resort in Ras al-Khaimah (RAK) has been halted and the project may be switched to Abu Dhabi, a senior executive at the master developer and the club has said.
The 50-hectare attraction was to have been built on the man-made Marjan Island in RAK, 105km north of its more illustrious neighbour Dubai.
Real Madrid president Florentino Perez and former World Player of the Year Zinedine Zidane, now an assistant to coach Carlo Ancelotti, attended the glitzy project launch in March 2012.
Drawings were displayed for a 450-room hotel, a marina and yacht club and a Real Madrid museum, plus an amusement park and a 10,000-capacity stadium."
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