Located at Werner-Heisenberg-Allee 25 at the northern edge of Munich's Schwabing-Freimann borough on the Fröttmaning Heath, it is the second-largest stadium in Germany behind the Westfalenstadion in Dortmund.

1860 Munich previously had a 50 per cent share in the stadium, but, in 2006, sold this to Bayern for €11m to help resolve a serious financial crisis that saw 1860 facing bankruptcy.

[8] The large locally based financial services provider Allianz purchased the naming rights to the stadium for 30 years.

However, this name cannot be used when hosting FIFA and UEFA events, since these governing bodies have policies forbidding corporate sponsorship from companies that are not official tournament partners.

[11] Effective with the city's approval of modifications that was granted 16 January 2006, the legal capacity of the stadium increased from 69,000 to 71,000 spectators (including standing room).

[12] Allianz Arena also offers three-day-care centres and a fan shop, the FC Bayern Munich Megastore.

[citation needed] The panels are lit for each game with the colours of the respective home team—red for Bayern Munich, blue for TSV and white for the Germany national team.

From the subway station just south of the arena, visitors approach the stadium through a park that was designed to disentangle and guide them to the entrance.

Also the Romanesque Heilig-Kreuz-Kirche, the oldest structure on the area of the City of Munich designed to serve religious purposes, is located there together with its copy, an artwork in concrete as a reminder for the village of Fröttmaning which disappeared with the construction of the Autobahn.

[citation needed] The terms of the agreement gave 1860 the right to buy back their 50 per cent share of the arena for the price of sale plus interest anytime before June 2010.

[citation needed] In advance, the income of two friendly-games both clubs shared equally instead of having that money going to Allianz Arena GmbH.

[citation needed] In addition, the city and State incurred approximately €210 million for area development and infrastructure improvements.

An alternative to constructing the new arena had been a major reconstruction of the Olympic Stadium but this option had been refused by its architect Günther Behnisch.

Swiss architect firm Herzog & de Meuron then developed the concept of the stadium with a see-through exterior made of ETFE-foil panels that can be lit from the inside and are self-cleaning.

To be able to handle the additional traffic load, the Autobahn A9 was expanded to three and four lanes in each direction and another exit was added to the A99 north of the arena.

Liga in 2016–17, Bayern Munich went on to give Allianz Arena a significant facelift a year later, replacing old grey seats with new ones that create a combination of red and white, the colours of the club.

Furthermore, several other modifications have also been made, including decorating walls with images of the club's history, bringing a larger quantity of red, and the opening of the FC Bayern store.

[citation needed] As part of the plea bargain, he relinquished the presidency of the club three days later, and on 18 May, the investigation into his conduct was closed.

[citation needed] The District Attorney filed charges on 23 August 2004, accusing him of fraud, corruption and tax evasion.

[citation needed] The next day, the record German champions Bayern Munich played a game against the Germany national team.

The first goal in a league game was scored by Owen Hargreaves of FC Bayern when the home team won 3–0 in its 2005–06 Bundesliga season opener against Borussia Mönchengladbach on 5 August 2005.

The first goal against FC Bayern Munich in a league game at Allianz Arena was scored by Miroslav Klose of Werder Bremen on 5 November 2005 in the first minute of play.

On 9 February 2022, it was announced that the Allianz Arena would host a regular-season game between the Seattle Seahawks versus the Tampa Bay Buccaneers as part of the NFL International Series.

[26] The Buccaneers, who were the designated home team, defeated the Seahawks 21–16 in front of 69,811 fans in the first regular-season National Football League game played in Germany.

[citation needed] Allianz Arena hosted its second NFL International Series regular-season game in on 10 November 2024.