Prague 3 will rent FK Viktoria Žižkov Stadium in Seifertova Street for 30 years for a crown a year. Representable city districts today approved the lease agreement. According to her, the club will also have a pre-emptive right in case the city district decides to sell in the future during the new sports venue. The former owner Viktorie Martin Louda originally used the stadium to buy. After failing at the town hall, the club sold last year.
Entrepreneur in development and IT Louda Club bought the year before last. He then tried to push the town hall to sell him the stadium on the grounds that he wanted to repair it and build a new modern sports ground there in the future. After unsuccessful negotiations, he sold the club’s shares last year to the club’s chairman Milan Richter and members of the board Jiří Rýv. Due to the poor condition of the stadium, the club threatened to lose its second-league license, but eventually obtained it.
According to him, the management of Prague 3 refused the sale because Louda did not provide a sufficient guarantee that the stadium and the land on which it is located will be permanently used for sports. According to the representatives of the town hall, they would prefer a long-term lease. The city district finally agreed on this after the change of owners. The contract approved today provides for a thirty-year lease for symbolic rents and investments of 25 million crowns by the city district in the reconstruction, by the end of this year.
At the club’s request, the contract also includes a pre-emptive right for the club in the event that the city district decides to sell the stadium during the lease term. The condition is that the stadium will continue to perform its current function, otherwise the city district will be able to terminate the contract unilaterally. The club will also have to stay in the second or at least third football league. With regard to the pre-emption right, the Prague City Hall will have to pay the contract according to earlier information.
The wording of the agreement was criticized by some opposition representatives today. Tomáš Sunegha (KDU-ČSL) stated that this is not a normal lease agreement. In practice, according to him, the institute of pre-emption law always leads to the sale of the property. “It restricts the use of property, it is a contract other than purely a lease, and it pretends to be a lease,” he said. He added that he could not support such a contract.
According to councilor Jan Materna (TOP 09), the pre-emption right only serves to ensure that the club has a guarantee of rent for other election periods as well. “Both parties are aware that no one wants to sell, no one wants to buy, but it is there for sure, if at some point in the future the attitude of the town hall changes and it wants to sell,” he said. He added that the promised repairs have already begun by the city district and more are being prepared.