The contract includes the following projects:
1. Creating two additional side bleachers (one by Tsoxa street and another by Alexandras Avenue)
2. Creating four towers in the corners which are expected to house fans (suites).
3. Grooming the stadiums outdoor.
Regarding the cost of the project, the engineers of Panathinaikos have reported that the final construction will cost 8,632,311.44 euro.
The President of FC, Mr. Giannis Alafouzos amongst others stated that: “For the past six months we have been trying to secure funding to cover the costs for the redevelopment of the stadium in the Avenue. From the outset we wanted to create two additional side bleachers and four towers. We hope once the newly elected region manager undertakes her duties that we will continue further discussions and projects.
If in the near future the football team does not compete in Europe, then we will build a pool. If the team manages to race in the groups of Europa League, then 300,000 euros will be allocated to start creating a swimming pool under gate 13 and 14 in 2016, and if the team plays in the clubs of Champions League, then we will immediately start the construction of the pool which is expected to generate profits.
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