Second Bundesliga Club 1860 Munich Pushes Stadium Plan Without Investor Support

Second Bundesliga club 1860 Munich wants to "push ahead its plan of a new stadium without the financial support of Jordan investor Hasan Ismaik," according to the DPA. 1860 Munich Managing Dir Robert Schäfer said Ismaik is "taking care of the club and not of the stadium." That is "not his responsibility." First, the club said that the businessman "would at least help the club to get in contact with potential investors." The club's plan calls for "a new 40,000-seat stadium" in Munich's eastern borough of Riem, so it can leave the Allianz Arena, which the team shares with Bundesliga club Bayern Munich. The proposed area for the new stadium is part of a distribution center, which is owned by the city and in close proximity to highways and the convention center. The club will wait for a response from the city until the end of the year. (DPA, 10/16).

KEEP LOOKING: The ABENDZEITUNG reported a community council spokesperson said that the club's targeted property in the Munich borough of Riem is leased "long-term" to a logistics company. The spokesperson continued, "In 2011, the city council approved a policy decision that the area will be used as as distribution center." 1860 Munich VP Franz Magat meanwhile said "there are no definitive solutions" in regards to a new stadium. He said, "We are still missing the first requirement for a new stadium: an empty property, which is suitable for a stadium. In addition, we also miss investors." Magat also expressed skepticism about possible other properties in the Munich boroughs of Garching-Hochbrück and Freiham (ABENDZEITUNG, 10/12).