Gediminas Žiemelis buys Siemens Arena / News



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Photo: BNS

BNS photo

Gediminas Žiemelis, one of the richest people in Lithuania, is buying the entertainment group SEVEN Entertainment, which also includes the Siemens Arena in Vilnius, reports Donatas Urbonas, a journalist with 15min.lt.

SEVEN Entertainment Group also owns Panevėžys Cido Arena, Tiketa ticket distributor.

In the past, winter was associated with the purchase of the Vilnius Rytas Club, but according to sources at 15min.lt, the businessman will likely create a completely new team in the capital.

Last year, Winter also spoke about his ambition to acquire an NBA club.

“The objective personally is to buy an NBA team. You will see it in 5 years (maybe sooner). But as a business, not as a toy. There is an algorithm to know what to do with the NBA team, since the players of basketball are well staffed.

It is not necessary to buy 100%, a part must be left to the local unions, to the municipality. Cheapest club: New Orleans Pelicans, $ 1 billion. The most expensive is the New York Knicks, 3.8 billion dollars. dollars, ”the chairman of the board of the aviation business group Avia Solutions Group told the delfi.lt portal at the time.

In 2019, in the ranking of the 500 richest people in Lithuania compiled by Top magazine, Žiemelis was ranked third and his wealth was valued at 630 million. euros.



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