Spanish LaLiga football club Getafe has reached an agreement with the Getafe City Council to operate the Coliseum Alfonso Pérez for the next 40 years, with the option to extend the deal for a further 10 years.
The stadium, which has a capacity of 17,000 and opened in 1998, is owned by the city council.
Getafe’s agreement with the council will see the club contribute €150,000 (£132,000/$146,000) per year to support grassroots sport in the city. 2Playbook has reported that the club will pay an additional annual fee of €230,000 to operate the stadium.
The club will now be responsible for maintaining the Coliseum and carrying out renovations at the facility. The agreement also opens up the possibility of a naming-rights sponsor for the stadium, providing that the ‘Coliseum’ moniker is retained in some way.
The city council will ensure that any stadium sponsor is not “contrary to the general interest” and does not harm the image of the municipality.
Getafe, which is currently 15th in LaLiga, will maintain exclusive use of the wider sports complex and has committed to preserving the football school and reserving at least 25 scholarship places for young people from disadvantaged families.
It was reported in November 2020 that Getafe had agreed terms on a 40-year extension to its lease deal with the city council to play at the Coliseum.
The agreement was said to mark the end of a dispute between the city and the club, with Getafe president Ángel Torres having previously requested the sale of the venue.