According to major media reports, Färjestad acquired the approximately ten-hectare ice hall area next to Klarälven in Karlstad in the autumn of 1999. 5 million Swedish kronor, which was considered modest in context. After the purchase, the club undertook significant construction, with a new arena for 250 million Swedish kronor being built.
Stefan Larsson stated, "Everything was demolished. Except for one stand. " It is not known what other things Färjestad built after the purchase besides the new arena.
Everything was demolished. Except for one stand. Then the arena was built around the old ice hall.
The exact identity or role of Stefan Larsson also remains unclear. The current status or use of the arena built in 1999 has not been specified.