City of Stockholm signs agreement with AEG Facilities to operate the Stockholm Arena

by laliveinsider on Thu., Jun 17 at 09:00 AM

June 17, 2010

Set to Open in 2012, The Stockholm Arena is the Newest Facility Added to the Globe Arenas in Stockholm, Sweden

LOS ANGELES, CALIF. (Thursday, June 17, 2010) - The City of Stockholm signed an agreement today with AEG Facilities, making official the contract for which the international sports, entertainment and venue organization will lease and operate the new Stockholm Arena, a 30,000-seat retractable roof-arena planned to open in late 2012.

\"With this agreement, the City of Stockholm has finalized its partnership with AEG Facilities to lease and operate the Stockholm Arena, and we can now move forward in the planning process for this new, state-of-the-art venue,\" said Madeleine Sjöstedt (Swedish Liberal Party), Commissioner for Culture and Sport for the City of Stockholm. \"AEG's global presence, international resources and expertise have already established a solid foundation for the success of the Stockholm Arena project.\"

In May, 2008, AEG signed a 25-year agreement with the City of Stockholm to lease the city's four Globe Arenas - the Ericsson Globe (capacity 16,000), Hovet Arena (capacity 8,300), Söderstadion (capacity (16,200) and the Annex Arena (capacity 3,500). Under this new agreement, AEG Facilities will lease and operate the new Stockholm Arena, with a seating capacity of 30,000, and up to 45,000 for live music concerts. The new facility will have a sliding, retractable roof and artificial turf playing field, which can be covered and replaced with a floor or ice for hockey, other sporting events, concerts and family shows.

\"The Stockholm Arena will be the arena destination for all Stockholmers! With the signing of this agreement, we can move forward with our discussions with sports clubs Hammarby [soccer], AIK [ice hockey] and Djurgården [ice hockey] to plan for the success of this new venue, not only for our clubs, but for the city of Stockholm,\" said Ninna Engberg, Chief Executive Officer of Stockholm Globe Arenas, the Swedish subsidiary of AEG Facilities.

The Stockholm Arena is scheduled to be completed in December, 2012 and will open with the Ice Hockey World Championships in 2013. It will be the newest venue in AEG Facilities' European network, joining the 52,500-seat Turk Telekom Arena now under construction in Istanbul, which is scheduled to open later this year. In addition to the cities of Stockholm and Istanbul, AEG Facilities also operates venues in London, Berlin, Hamburg, Stockholm and Rotterdam.

\"We are honored to work with the City of Stockholm on this project, and look forward to operating one of the world's most iconic and trend-setting projects. The Stockholm Arena will complement the Ericsson Globe, Hovet Arena and Annexet and together they will create one of the largest sport and entertainment centers in the world,\" said Bob Newman, AEG Facilities Chief Operating Officer.

Stockholm Globe Arenas

Our four arenas the Ericsson Globe, Annexet, Hovet and Söderstadion have a combined capacity of around 44,400 visitors and regularly host world-famous artists such as Celine Dion, Bruce Springsteen and Justin Timberlake. Stockholm Globe Arenas also stage a number of major championships including the World Indoor Athletics Championships and the Basketball World Championships, along with other mega events such as Monster Jam and The Stockholm International Horse Show. In hosting around 300 events and attracting 1.4 million visitors each year, the Globe Arenas are Scandinavia's largest and most versatile events arena. For more information on the Globe Arenas, please visit www.globearenas.se.

About AEG Facilities

AEG, a wholly owned subsidiary of the Anschutz Company, is the leading sports, entertainment and venue operator in the world. AEG Facilities, a stand-alone affiliate of AEG, owns, operates or consults with more than 100 of the industry's preeminent venues worldwide, across five continents, and works in concert with affiliated AEG entities, including live event producer, AEG Live, AEG Global Partnerships and AEG Development to support the success of AEG venues across the globe. AEG owns, operates or provides services to venues including STAPLES Center (Los Angeles, Calif.), The Home Depot Center (Carson, Calif.), Nokia Theatre L.A. Live (Los Angeles, Calif.), Sprint Center (Kansas City, Mo.), The Rose Garden (Portland, Ore.), KeyArena (Seattle, Wash.), Conseco Fieldhouse (Indianapolis, Ind.), American Airlines Arena (Miami, Fla.), AT&T Center (San Antonio, Tx.), Time Warner Cable Arena (Charlotte, N.C.), Prudential Center (Newark, N.J.), Target Center (Minneapolis, Minn.), Mercedes-Benz Arena (Shanghai, China), Wukesong Arena (Beijing, China), The O2 Arena (London, England), O2 World (Berlin, Germany), O2 World Hamburg (Hamburg, Germany), Ahoy Arena (Rotterdam, Netherlands), Acer Arena (Sydney, Australia), Globe Arenas (Stockholm, Sweden), Turk Telekom Stadium (Istanbul, Turkey) and the Qatar National Convention Centre (Doha, Qatar). For more information, please visit www.aegworldwide.com.

Media Contacts

Michael Roth, AEG
(213) 742-7155 or [email protected]

Alison Groendal Salcedo, AEG Facilities
(310) 630-2032 or [email protected]

Marie Lindqvist, Stockholm Globe Arenas
+46 8 508 353 233
[email protected]

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