Politis

PAOK Officially Signs Memorandum for New Stadium!

Published January 26, 2026, 18:14
PAOK Officially Signs Memorandum for New Stadium!

PAOK announced the official signing of the memorandum of understanding (MoU) for the New Toumba stadium project, marking its official commencement. The agreement was signed by PAOK FC, the company “Nest of the Double-Headed Eagle,” and the PAOK Sports Club. Applications will be submitted immediately to relevant authorities, including the Thessaloniki Antiquities Ephorate, and meetings will begin with representatives from the Regional Authority and the Municipality of Thessaloniki. Procedures for preparing the necessary studies will also be expedited. PAOK FC's CEO, Maria Goncharova, described the day as historic for the fans and the city, emphasizing that the New Toumba will be a modern stadium that will contribute to PAOK's prominence. She highlighted that the project concerns not only football but also the city, society, history, and the future. PAOK Sports Club President, Alkiviadis Isaidis, stated that the signing of the MoU completes the first and crucial phase for the New Toumba, a journey that began with the decision of the PAOK Sports Club's Board of Directors. He explained that the agreement with the special purpose company, established by Ivan Savvidis, paves the way for the club's next chapter. The goal, according to Mr. Isaidis, is for PAOK to acquire the stadium it deserves, worthy of its history, dynamics, and fans. The New Toumba is considered a decades-long vision that is now on track for implementation, promising a new chapter in PAOK's history.