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Athens Urban Regeneration Project To Start With Panathinaikos Stadium

Works on the long-awaited Panathinaikos football stadium to be constructed in the western Athens neighbourhood of Votanikos, together with a multi-use sports complex are set to begin after the Athens Municipality, the development & investments ministry, Panathinaikos FC and AO and the Eleonas investment entity made up of Alpha and Pireos Banks signed a memorandum of understanding and cooperation.

“Today is a historic moment for Panathinaikos. A decades-long dream for the sports club to acquire a home is being materialized. The sport club, the heart of the group, will finally acquire the facilities that suit its history as the most diverse club in Greece,” said majority shareholder Giannis Alafouzos.