Union Berlin Bolsters Stadium Finances with Successful Share Issuance
Berlin, Germany – Fußball-Bundesligist Union Berlin has completed the subscription phase for new shares in its "An der Alten Försterei" Stadionbetriebs AG. The phase, which ran until February 5, saw over 10,000 shareholders contribute to the stadium company’s share capital of more than €30 million.
"We have come a very important step closer to our goal of securing the An der Alten Försterei stadium for future generations," Union President Dirk Zingler said in a statement. "Thanks to a now very robust balance sheet and equity structure, the stadium company is well-equipped for the future."
From November 26 to February 5, more than 49,000 new shares were subscribed by members, sponsors, and partners. 1. FC Union Berlin e.V. alone exercised its subscription right for 40,000 shares. 900 existing shareholders subscribed an additional 1,500 shares. Approximately 7,900 securities were acquired by 5,900 new shareholders.
Together with the previously existing shares, around 61,850 subscribed shares will be in circulation after the completion of the capital increase. 1. FC Union Berlin e.V. will hold 75.75 percent of the shares, while the free float, consisting of existing and new shareholders, will comprise 24.25 percent.
Ambitious Stadium Expansion Plans
Union Berlin aims to nearly double the stadium’s capacity to approximately 40,000 seats by the end of 2027. The expansion will involve investments of around €100 million. The site is set to become a sports, culture, and music hub in southeast Berlin.
A large stage in front of the stadium will host theater performances, concerts, and movie screenings. The club also plans to create a multi-purpose hall for indoor sports and events, as well as a youth academy and training center.
Community Support and Long-Term Security
The successful share issuance demonstrates the strong support from the Union Berlin community. By investing in the stadium company, shareholders are contributing to the long-term security and sustainability of the iconic An der Alten Försterei.
The stadium has become a symbol of the club’s identity and serves as a vital gathering place for fans. The expansion and modernization efforts will ensure that it remains a vibrant and accessible venue for generations to come.
Financial Stability and Future Growth
The capital increase will provide the stadium company with a solid financial foundation to undertake the ambitious expansion project. The increased share capital will also enable Union Berlin to explore new revenue streams and enhance its overall financial stability.
As the club continues to grow and compete at the highest level, the modernized stadium will serve as a catalyst for further success both on and off the field. It will become a destination not only for football fans but also for culture and entertainment enthusiasts throughout the city and beyond.
