Lease of the stadium on Gellertstrasse to the Chemnitz football club
At its meeting today, the Chemnitz City Council decided on the basic conditions for the lease of the stadium on Gellertstraße in the event that the Chemnitz football club is promoted to the 3rd Bundesliga.
The city council decided that the terms of use for the stadium would continue to be based on the conditions already in place for the regional league, even in the event of the CFC's promotion. The stadium will continue to be leased via the municipal GGGmbH. This company will conclude a contract with Chemnitzer FC Fußball GmbH (a subsidiary of the CFC), which was founded in 2018, for a period of five years. To date, the club has paid around €150,000 per year for the use of the stadium on match days, the year-round marketing of the boxes and the use of the office and fan shop. In future, the CFC will have to pay around 175,000 euros per year for match operations in the 3rd division. The city is thus only passing on the small cost increases in the 3rd division.
The CFC and the insolvency administrator had previously issued a written declaration that the CFC would maintain the youth training centre on the basis of the DFB requirements and ensure its financing.
Economically, the city council's decision will not result in any additional burdens for the city and GGGmbH compared to the existing lease. No additional payments will be made to the CFC by the city or GGGmbH. The economic basis for a successful restart of the CFC in the 3rd league will be strengthened.
The EU Commission has already informed the city that there are no objections to the new contractual arrangements.
However, the transfer of the right to market the stadium name did not receive majority support.