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Is Olympiacos Moving to Cyprus

An official proposal is being prepared for Olympiacos, suggesting that the “Spyros Kyprianou” Arena become the team’s temporary home while the Peace and Friendship Stadium (SEF) remains closed for reconstruction works

Newsroom December 5 01:26

The recent Cypriot proposal for Olympiacos to use the Spyros Kyprianou Arena as a temporary venue during SEF’s renovation brings to the forefront an interesting solution out of necessity.

The “Spyros Kyprianou” is a modern, recently refurbished indoor arena in Limassol, with a capacity of about 8,000 spectators. It has already hosted games of the recent FIBA EuroBasket 2025. This year’s upgrades—new parquet, improved stands, and modern equipment—have transformed the arena into a facility capable of supporting high-level competitions and comfortably hosting international matchups.

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The “invitation” to Olympiacos is not merely about solving a practical issue—finding a home court during SEF’s renovation—but also presents an opportunity to make use of a contemporary arena that has proven it can meet the demands of major events. For Cyprus, the Spyros Kyprianou Arena is regarded as a flagship venue with strong potential: it is not limited to basketball alone, but, as noted by local authorities, could become a pillar for sports development, event hosting, and strengthening the island’s athletic presence abroad.

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