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Bundesliga Club SC Freiburg Will Build New Stadium Instead Of Renovating Current One

Bundesliga club SC Freiburg "can hope for a new stadium," according to BILD. Plans for a renovation of its current stadium, located on the Dreisam river, "are, in any case, history." This is the result of a second assessment by an economic accounting firm. Freiburg Mayor Dieter Salomon said, "The axe has dropped on the Schwarzwaldstraße [location of current stadium]." The new plan is to construct a 35,000-seat stadium for an estimated €70M ($89M). An additional assessment "is supposed to survey locations in the city's west and north sides close to the Autobahn." The remaining problem is heavy protest by local residents. Salomon said, "We are working on that" (BILD, 11/14).

ROSTOCK STADIUM: The DPA reported German 3rd League football club Hansa Rostock "is planning to sell shares of the club-owned DKB-Arena, in order to increase the long-term competitiveness of the club." Club sources said that Rostock generated a positive revenue of almost €3.6M ($4.6M). However, the millions lie because they are the result of partial acquittal by the Rostock finance authority and creditor banks. Club Chair Bernd Hofmann said, "We currently have, despite the positive revenue, liabilities exceeding our assets on our balance sheets, a negative net worth of €6.6M ($8.4M). This number is simply too high for FC Hansa" (DPA, 11/14).

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