Juventus’ Allianz Stadium has generated at least €845.81 million in stadium-related revenue since opening in 2011, highlighting the financial importance of the venue to the Italian club 15 years after its inauguration. The stadium, originally opened as Juventus Stadium on September 8, 2011, was built on the site of the former Stadio delle Alpi. Juventus…
LaLiga club Celta Vigo has received final approval from Vigo City Council for a long-term concession agreement allowing it to continue using Estadio Abanca Balaídos for the next 50 years, with an option to extend the term to 75 years. Under the agreement, Celta will continue playing at the city-owned, 24,870-capacity stadium in exchange for…
A new 75,000-seat arena has officially opened in Davao City, Philippines, becoming what is believed to be the largest indoor arena in the world. Kingdome Davao will host a wide range of events, from major music concerts to religious gatherings. Construction on the venue, located along Carlos P. Garcia Highway, began in 2012. With a…
French Ligue 1 club RC Lens has reshaped its ownership structure to finance new projects around the Bollaert-Delelis Stadium. The club has brought two new investors on board, while Joseph Oughourlian remains the majority shareholder. According to the club’s announcement on August 31, Oughourlian will retain a 69.10% stake. New investor Entrepreneur Equity Partners (EEP)…
Abu Dhabi’s Etihad Arena will host the inaugural EuroLeague Basketball SuperCup on September 18-19, bringing together Olympiacos, Fenerbahce, Real Madrid and Dubai Basketball. The new competition will open the European club basketball season and follow a Final Four format, with two games played on each day. Olympiacos will face Fenerbahce on September 18, followed by…
Capital One has extended its naming rights partnership with Capital One Arena for another 20 years, maintaining its association with the Washington venue that is home to the NBA’s Washington Wizards and NHL’s Washington Capitals. The arena, located in Washington, D.C., is currently undergoing a major redevelopment project valued at more than $1 billion. Capital…
The City of Naples has officially unveiled a €200 million redevelopment project for the Diego Armando Maradona Stadium, with construction scheduled for completion by 2030. The renovation will increase the stadium’s capacity from 54,732 to 63,300 seats and forms a key part of Naples’ bid to host matches at UEFA Euro 2032. Athletics track to…
HONG KONG — Once home to one of the world’s most iconic airports, Kai Tak has been transformed into the centerpiece of Hong Kong’s ambition to become a leading destination for international sports and entertainment. Built on the site of the former Kai Tak Airport, the Kai Tak Sports Park is far more than a…
Rome’s Stadio Olimpico is set to undergo a €130 million renovation as Italy looks to strengthen its bid to host the UEFA EURO 2032 final. The redevelopment plan, funded by state-owned Sport e Salute, aims to ensure the stadium meets UEFA’s latest infrastructure, commercial, and operational standards while competing with Istanbul to stage the tournament’s…
The Madrid Regional Government has temporarily suspended Rayo Vallecano’s administrative concession to operate Vallecas Stadium, citing serious maintenance deficiencies and safety concerns identified during a technical audit. The decision was announced by Mariano de Paco, Madrid’s Regional Minister for Culture, Tourism and Sport, who said inspections revealed alarming shortcomings in the upkeep of the publicly…
