In the OEM’s hands Olympic is also officially passing the CHEF. A huge agreement by the Angelopoulos brothers with the government on the concession, management and exploitation of the Peace and Friendship Stadium for a period of forty -nine (49) years.
After today (21.07.2025) Historical evolutionOEM Olympiakos will essentially have its own stadium, where it will be able to take all the necessary steps to modernize it and increase its capacity. The presidents of Piraeus, Panagiotis and George Angelopoulos issued a statement following the finalization of the transfer of the chef.
In their joint statement, Olympiacos’ owners say that today it is a day bright as the 100th anniversary of the club and give the… promise that “here we will live new legendary nights, we will lift even more trophies and applaud other great athletes who will wear it.”
“We continue to build the future of Olympiacos on solid bases. The chef is now our home,” they concluded.
The announcement:
“From the day we took over the demanding rudder of Olympiacos, we have bowed for the farthest trips to basketball seas. We searched for adventures in uncharted waters and glorious destinations, but we didn’t stop dreaming of our … port.
Today is a bright day, so bright as the 100 years of glory of the Association!
The dream of generations and generations becomes a reality: the basketball team gets its own … port!
The Stadium of Peace and Friendship, the Olympics headquarters since the late 1980s, will be our home for the next 49 years.
The most effective way of birth of history is actions and today, with the acquisition of the chef, it becomes an act that writes history, in a landmark year for the link itself.
“Dream becomes a reality” – STATEMENT OF THE PRESIDENTS OF OLYMPIC, PANAGIOTI AND GIORGOS AGELOPOULOU
https://t.co/iS3ArVnNMu #OlympiacosBC #WeAreOlympiacos #TogetherWeFight pic.twitter.com/EmgknUCGl4
— Olympiacos B.C. (@Olympiacos_BC) July 21, 2025
The stadium that housed some of the highlights of Olympiacos and Greek basketball is definitely passing into red -white hands. As we had envisioned, as his millions of believers expected.
Here we will experience new legendary nights, lift even more trophies and applaud other great athletes who will wear the honorable jersey with the laurel ‘teenager on the chest.
At today’s meeting with Prime Minister Kyriakos Mitsotakis, we found his sincere disposition to find a fair solution. We would like to thank him from the heart as well as all the members of the government who contributed to the completion of this agreement.
With responsibility, serious plan and respect for his heavy heritage, we continue to build the future of Olympiacos on a solid basis. The chef is now our home! ”