AEK Officially Acquires Sunel Arena for 49 Years

7 sourcesFirst reported 9 hours agoUpdated 1 hour ago

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AEK has officially announced the 49-year concession of the Sunel Arena, securing its own home venue.
The Sunel Arena, located in Ano Liosia, will be under the ownership of AEK for the next 49 years, marking a significant moment for the basketball club.
The concession was facilitated through a legislative process by the Ministry of Culture, which will involve investments and specific financial obligations.
The agreement includes the stipulation that AEK will repay a percentage to the existing owner of the facility, the SEF.
This development is seen as a permanent solution to AEK's long-standing issues regarding home arena access.

7 sources

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