Olympiacos moves to AEK until 2027

Olympiacos has confirmed that it will not return to the Peace and Friendship Stadium before the end of 2026. Christos Bafes, the club's sporting director, has dispelled any doubts about the timeline for the renovations affecting the Greek team's main facility.

Construction 80% complete

The renovation work at the SEF is progressing with 80% of the execution completed. Despite this significant progress, the EuroLeague champions have chosen to be cautious and wait the necessary time to ensure that the project is finished to the required quality standards. The club's strategic patience reflects its commitment to a comprehensive and well-executed renovation.

"We will be out of the SEF throughout 2026 because the construction continues," Bafes explained in statements recorded by Eurohoops. "We are at 80%. Even if it takes a little longer, what matters is that the work is done well." This stance from the Greek team prioritizes the excellence of the project over the urgency to occupy the facilities.

Sunel Arena as a temporary venue

While renovations are completed, Olympiacos will use AEK's Sunel Arena as a temporary stadium to host its matches. The agreement between the two institutions has not yet been formally finalized, although all sources indicate that it is merely an administrative procedure that will be resolved without major complications.

The Athenian club is expected to return to the SEF at some point in the second half of the 2026-27 season, which means the absence will extend for more than a full year. This temporary solution allows the team to maintain its competitive operations without interruptions while work progresses on its main stadium.

Training facilities already renovated

Meanwhile, Olympiacos already has the SEF training facilities fully renovated. This allows the club to maintain its work dynamics without significant disruptions, using these spaces for training sessions while playing at the Sunel Arena during the competition.

Financial investment in renovations

The scale of the renovation is reflected in the economic figures associated with the project. According to Olympiacos, the club will invest 15 million euros in the work done inside the stadium. For its part, the Greek State is expected to contribute 25 million euros aimed at the energy improvement of the building, which is 40 years old.

This cost distribution between the private entity and the public administration reflects the magnitude of a renovation that encompasses both internal structural aspects and energy efficiency systems. The joint investment demonstrates the commitment to modernize a historic facility that remains fundamental for competition in Greece.

The SEF renovation project represents a significant commitment to improving Greek basketball infrastructure, equipping the stadium with more modern and efficient systems that will ensure its functionality for the coming decades. Olympiacos's patience in waiting for this transformation to be completed correctly underscores the strategic importance of having a quality sports home.

This is an automatic translation. You can read the original news, Olympiacos se muda al AEK hasta 2027