Olympiacos is officially taking over operational control of SEF

Olympiacos has finalized an agreement with the Greek government to gain operational control of the Peace and Friendship Stadium (SEF). The club formally accepted the current legislative status concerning the stadium's surrounding area, clearing the path to sign a long-term license. This follows previous details provided by Deputy Sports Minister Giannis Vroutsis on the requirements to complete the deal.

This arrangement mirrors a similar deal signed in 2023, where Panathinaikos Aktor was granted control of the OAKA Altion arena for 49 years.

Olympiacos was recently crowned the Stoiximan GBL champion in Greece. Since 1993, the Greek league championship has almost exclusively been won by either Olympiacos or Panathinaikos, with AEK's 2002 title being the sole exception. Both clubs have also dominated the EuroLeague, winning a combined ten titles since Panathinaikos first won in 1996 (Panathinaikos: 7, Olympiacos: 3).

Both rivals are actively preparing for the 2025-26 season. Olympiacos has signed Kostas Antetokounmpo and Tyson Ward, while Panathinaikos has added Giannis Kouzeloglou, T.J. Shorts II, and Vassilis Toliopoulos. Both teams are projected to contend for the EuroLeague championship next season and are widely expected to meet again in the GBL Finals.