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SBD Global/May 16, 2014/Finance

Panathinaikos To Hike Ticket Prices To Pay For Stadium Development

Greek Superleague side Panathinaikos CEO Giannis Alafouzos said that the club "is planning to overhaul and expand its stadium," according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. Construction works at the facility are scheduled to begin in December, "and are expected to take between three and four months." To finance the planned investment, "the club is aiming to increase the prices of season tickets by 30%." Those holding tickets for the '13-14 season "will pay 10% for next season's tickets." The amount of the planned investment "was not disclosed by Panathinaikos." Alafouzos said that "about 10,000 season tickets will be made available to Panathinaikos fans" (INSIDE WORLD FOOTBALL, 5/15).
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