Fußball ist kein Tennis
January 2, 2012 3:33 PM Subscribe
During the month of December, 1. FC Union Berlin raised money to finance a new stand in its stadium by
selling shares in the stadium to fans, under the slogan
We're selling our soul. But not to just anyone! (YT--German). This is the second phase of renovation at the Stadion An der Alten Försterei, to bring it up to 2. Bundesliga standards. Much of the work on the first phase was
done by the fans themselves (DW video--English).
Offering stock in the stadium is considered unusual. However, unlike in, say, the NFL (aside from the Packers,
previously), German clubs are typically member-owned, courtesy of the
Fifty plus one rule (
part two).*
*The exceptions are Bayer Leverkusen and VfL Wolfsburg, due to traditional ownership by Bayer and Volkswagen, respectively.
posted by hoyland (9 comments total)
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Construction diary (in German, but there are pictures from all 300 build days)
1. FC Union has an interesting history for its place in East German football as a club without one of the traditional state sponsors, but I can't find a satisfactory article about that, so have the wiki entry instead.
posted by hoyland at 3:39 PM on January 2