Allianz Parque, also known as Arena Palmeiras or as Arena Palestra Itália, is a football stadium in Água Branca, São Paulo, Brazil, and the home of Palmeiras. The stadium also serves as a multipurpose arena, and was built to receive concerts and other events besides football matches. The stadium has a capacity of 43,713 spectators for football, and of 55,000 for concerts. At the time of its opening, the stadium had one of the most modern multipurpose spaces in the whole country.