Greek Basketball Giant Olympiacos Secures SEF Arena for 49 Years
Olympiacos BC has secured exclusive long-term rights to the iconic Peace and Friendship Stadium (SEF) in Piraeus, under a 49-year agreement with the Greek government. The deal grants the club full use, management, and commercial exploitation of the indoor arena and its surrounding facilities, marking a pivotal moment in the club's modern history. This move effectively gives Olympiacos its own dedicated basketball home for the first time, anchoring its presence in the city of Piraeus alongside its existing football stadium and aquatic facilities. The agreement was finalized on July 21, 2025, and is seen as a historic step forward by the club, led by co-presidents Panagiotis and Giorgos Angelopoulos. Since taking control of the basketball operations in 2009, the Angelopoulos brothers have overseen a golden era for Olympiacos, delivering 17 major titles, including two EuroLeague championships and a FIBA Intercontinental Cup. Still, even...
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