The stadium was originally built 1981 as National Stadium of Patras (Εθνικό Στάδιο Πατρών, Ethniko Stadio Patron).

In 2002, reconstruction works began and it reopened on 8 August 2004, just in time to host football (soccer) matches for the 2004 Summer Olympics.

It is owned by the Public Real Estate Company S.A., a state-owned company, and it is operated by the Municipality of Patras.

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