The Allianz Arena is the third biggest stadium in Germany behind Signal Iduna Park in Dortmund and the Olympiastadion in Berlin. TSV 1860 München previously had a 50% share in the stadium but FC Bayern Munich bought their shares out for 11 million euros in April, 2006. This still allows TSV 1860 München to play at the stadium but they own no rights to it.
The stadium has been nicknamed "Schlauchboot" (inflatable boat). The museum of Bayern Munich, FC Bayern Erlebniswelt, is located inside the Allianz Arena. The stadium is located at the northern edge of Munich's borough of Schwabing-Freimann on the Fröttmaning Heath. It is the first stadium in the world that has a full changing color outside.