UD Las Palmas will invest 60 million euros in the Gran Canaria Stadium. This agreement will allow the yellow club to grow economically and sports-wise.

What happened?

UD Las Palmas and the Gran Canaria Council have signed a co-financing and co-management agreement for the Gran Canaria Stadium.

The economic contribution of UD Las Palmas is necessary to increase the budget of the work from 114 to 174 million euros.

Why is it important for UD Las Palmas?

This agreement means exponential growth for the club in the economic and sports fields. UD Las Palmas will be able to generate resources beyond subscriptions, tickets, television or box office.

What's next?

UD Las Palmas and the Gran Canaria Council want to sign and formalize the agreement definitively before the current agreement for the use of the facility ends in June 2027. The first stone of the bidding process for the main work of the Gran Canaria Stadium will be laid this afternoon.

DateEvent
June 2027End of the current agreement for the use of the facility
September or OctoberStart of the works of the Gran Canaria Stadium

UD Las Palmas is currently in 5th place in the Second Division, with 73 points, 20 wins, 13 draws and 9 losses in 42 games, and a goal difference of +17. The team has scored 57 goals and conceded 40. UD Las Palmas is 9 points behind the leaders, Racing Santander.