Ownership brings responsibilities

Having your say: ownership brings responsibilities

To coincide with the stadium construction work being completed, the entire project is being made future-proof and independent of the decisions of any individual executives. The basis being used to achieve this is the new ownership structure of the stadium operating company, which has been changed from a limited partnership (GmbH) to a joint stock company and is acting as the issuer of the ‘Alte Försterei Shares’. The previous partners have already indicated their willingness to transfer their shares at the issue price to Union Berlin upon the increase in share capital being recorded in the share register.

By buying your ‘Alte Försterei Share’ for €500, you will personally become a co-owner of the stadium. Please do not expect any dividends and don’t hope for any short-term financial gain. You will be becoming a co-owner and will thus in future make decisions along with all other shareholders on any fundamental matters that directly affect the stadium and thus Union Berlin’s own self-image as a club. The key rights of significant value associated with the stadium will be held by the company, of which you will be a shareholder, i.e. naming rights, catering rights and ticketing rights. These rights are currently unencumbered and decisions on how they are to be exploited will in future be taken at the joint stock company’s general meeting.

The decisions of the stadium joint stock company will in future play a major part in defining the character of Union Berlin. There will thus be a special responsibility on the owners to preserve the football culture at the Stadium An der Alten Försterei.

1. FC Union Berlin