Jordi Moix, the Barcelona vice-president responsible for the Espai Barça redevelopment, has confirmed that the project is set to be completed by 2024 – some two years later than initially planned.
During a presentation in Tokyo, Moix said that the 2024 target would hinge on whether the club can obtain the required approvals from the Barcelona City Council.
The project was originally expected to be completed by May 2022, but speculation emerged late last year that the timeline had slipped by at least 12 months due to a number of delays.
The Espai Barça redevelopment will feature a revamped Nou Camp with a capacity of 105,000, a new Palau Blaugrana indoor arena for basketball, handball and other sports, a new Barça Campus and the Estadi Johan Cruyff, which will open next month.
Reports in Spain have suggested that financial services company JB Capital Markets has been engaged by the club to secure investment for the development.
The club gave the green light to Espai Barça five years ago, but regulatory approval only came in the middle of last year.
Initial work on the €360m (£316m/$395m) Nou Camp renovation started last summer.