Wolfsburg AG Invests $35M In New Facilities For Bundesliga Club VfL Wolfsburg
Bundesliga club VfL Wolfsburg unveiled plans for the construction of a new stadium, a VfL-Center and several new practice fields over the course of the next 12 months. The new stadium at Wolfsburg's Allerpark will be the new home ground for the club's women's team and the men's U23 squad. The constructions are expected to be completed for the start of the '14-15 season. The builder and investor for all construction is the Wolfsburg AG. The company's total investment in the construction will be €26.7M ($34.7M). The stadium alone has a price tag of €14.5M ($18.2M) and construction started on Sunday. The stadium will have a capacity of 5,200, consisting of about 2,000 seats and standing room for 3,200 supporters. VfL Wolfsburg Managing Dir Klaus Allofs said, "We will set a new standard with what we build at the Allerpark. With the construction of the stadium and an interactive adventure world, the VfL-Center, and the additional practice fields, we want, first and foremost, to bring together what belongs together. The Allerpark is our home. That's where the Volkswagen Arena is located and our fan house opened here in 2009. There has always been the wish to close the circle here" (VfL Wolfsburg).