In 2016, CEFC China Energy, who had previously purchased a majority stake in SK Slavia Prague, sought to buy a 70% stake in the stadium and announced plans to invest around €50 million (including the purchase price) to improve the stadium capacity and turn it into the main national stadium for the Czech Republic national team. In April 2017, it was announced that the details of the transaction have since changed and CEFC China Energy had purchased the stadium in full. The stadium was then renamed to Sinobo Stadium.