Group Created with Sketch.
Volume 10 No. 22


Cologne's Lanxess Arena, which is, among others, the home of German Hockey League (DEL) club Cologne Sharks, "is expected to be sold," according to the SID. Arena owners Oppenheim-Esch-Fonds "are reportedly preparing the sale of the multi-purpose arena, which was completed in '98, and its adjacent buildings for the end of March." The whole complex "is expected to be divided into five parts: the 18,500-seat arena itself, a training facility, two office buildings and a parking deck." The owners hope that the separation "will increase the number of potential buyers." The owners invested an estimated €320M in the project. They expect "to regain about two-thirds of it through the sale" (SID, 3/19).

With Polish football club Widzew Lodz "eyeing a new stadium, the municipal authorities of Lodz have launched a tender to build a new sports facility" which is designed to "revamp the troubled" club and boost match attendance, according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. The decision to build the €31M ($42.9M) stadium was "jointly announced" by Lodz Mayor Hanna Zdanowska and Widzew CEO Pawel Mlynarczyk. The club's current stadium "has a seating capacity of 10,500, of which only 1,192 seats are under a roof." The new facility is expected to "triple the capacity." The "latest move follows earlier attempts" to build a new stadium (INSIDE WORLD FOOTBALL, 3/19).