F.C. Copenhagen - Wikipedia

Copenhagen FC owner, Parken Sport & Entertainment is exploring a sale of its 38,065 capacity Parken stadium, among other properties, with the intent of leasing it back.

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The team is also looking to sell four office buildings near its stadium and two water parks.

The company valued its real estate portfolio at $208.3 million in November.

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Parken’s stock leapt around 10% on Tuesday following the news.

In June 2021, the league joined eight others in bundling its overseas media rights into a package expected to secure $5 million to $20 million annually.

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Parken earned $394.9 million in Q3 2021 revenue, a 102.3% year-over-year increase. The company suffered a 35.1% revenue drop in 2020 led to a $209.1 million operating loss.

Parken’s $145.5 million in net income in the third quarter marked its first positive net income in 12 months, after losses of $33.7 million, $54.4 million, and $84 million the previous three quarters.

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