Not a day goes by without news from the FC Bayern Munich, today it’s big news regarding the future of the German Rekordmeister. Yesterday (October 16), the club laid the foundation stone for a new sports complex with an elite youth academy at the Ingolstädter Strasse site in the north of Munich.

The new academy will cost the club about 70 million Euros and should be finished in time for the start of the 2017/18 season. It will have 8 pitches, including a 2,500 capacity stadium, the youth academy, a headquarters building with office space and a multi-purpose sports hall. The FC Bayern junior team, from the U-9 to the U-19 levels as well as the reserves, will find a new home there.

The clubs president Karl Hopfner said: “I am convinced this will be a milestone in the history of FC Bayern we have some catching up to do in comparison with other major European clubs. That’s exactly why we’re doing this now!” The president also said what he hopes for with the new academy:

“We want to create an environment in which our juniors find the best possible conditions to become excellent football players. Of course we all hope for new players like Philipp Lahm, Thomas Müller, David Alaba or Holger Badstuber.”

The Mayor of Munich Dieter Reiter was also present at the ceremony. He said: “This is a good day for Munich and for the FC Bayern. The project is a great signal for all youngsters.”