Toumba Stadium (Including New Toumba)

[pash]

So if I understand this correctly, the new stadium will be owned by PAE PAOK and not AS, but AS will get a board seat within the FC? Which for some reason I thought they had already? Wonder what all this means for financing (particularly our newest interloper); is this deal meant to just get them to sign off on transferring the rights to the grounds?

Also, this part below seems like they're yadda yadda-ing what might be the most important part, right?

9) Εύρεση γηπέδου, το οποίο θα πληροί όλες τις απαιτούμενες προδιαγραφές κατά το διάστημα που θα μεσολαβήσει μέχρι την παράδοση της Νέας Τούμπας.

Like it's gotta be Kaftanzolio, right? Even though you-know-who will try very hard to stop that.

[Blackhawk]

Actually it says here that it will belong to AS PAOK, who will form a Special Purpose Entity along with PAE PAOK, which will let PAE PAOK use the stadium for 49 years:

Quote

4) Η Νέα Τούμπα θα ανήκει στον ΑΣ ΠΑΟΚ, ο οποίος θα καταρτίσει σύμβαση με εταιρεία ειδικού σκοπού, που θα συσταθεί μετά από υπόδειξη της ΠΑΕ ΠΑΟΚ και θα έχει ως αντικείμενο την ανέγερση και την μερική εκμετάλλευση του νέου γηπέδου για 49 χρόνια.

 

[pash]

My reading comprehension is as poor as my love life.

[pash]

Two new posts on inPAOK about my favorite topic, Kaftanzoglio

https://inpaok.com/870491/synantisi-pae-paok-vroutsi-me-fonto-to-kaftantzogleio/

https://inpaok.com/870501/to-schedio-tou-paok-gia-tin-anavathmisi-tou-kaftanzogleiou/

I am suspicious that we won't end up having a shot at this stadium but we'll see I guess.

[pash]

Perhaps another step closer? This is a lot of stuff to fix (and does the first bullet point imply structural problems?).

https://inpaok.com/878464/idou-ta-erga-pou-tha-ginoun-sto-kaftanzogleio/

Posted the same day as this:

https://inpaok.com/878474/egkrithike-epichorigisi-875-000-evro-gia-to-kaftatzogleio/

[pash]

This stadium will never be built.

https://inpaok.com/879138/nea-touba-epistoli-prosklisi-pae-se-as-paok/

It's also amazing how every time there's an update, it's always about some new delay about some new form or memorandum or meeting or whatever. Hopeless country.

[Dutch Eagle]

The first sentences of Bohemian Rhapsody (Is this the real life? Is this just fantasy?) crossed my mind when I saw this:

https://inpaok.com/883263/grafetai-istoria-episimi-i-symfonia-pae-as-paok-gia-ti-nea-touba/

[pash]

lmao haven't we had written agreement like five times now? when's the next memorandum due?

[Blackhawk]

This is a big step. AS PAOK and PAE PAOK agreeing to proceed and let Ivan Savvidis build the new stadium. The two parties actually need to sign the memorandum, which is supposed to happen in next two weeks. After that a company will be formed by PAE PAOK (majority shareholder) and AS PAOK that will be in charge of building the new stadium. Listening to the PAE PAOK press representative today, we can expect the new stadium to be ready in 2030-2031. If things go as planned PAOK will move to Kaftanzoglio Stadium in July 2026.