round of the Danish Cup at the hands of rivals Lyngby Boldklub and only finishing third in its group behind Hvidovre IF and Hellerup IK to progress to the Spring promotion group. Concerns remained after a 1–0 defeat to Aarhus Fremad in the opening game of the Spring promotion round, although they quickly dissipated over the following months as AB strolled to the Danish 2nd Division title with promotion finally confirmed after a 2–1 win over Aarhus Fremad. The season came to a close following a remarkable 6–4 home victory over second placed Fremad Amager. Whilst the game saw AB lift the Danish 2nd Division trophy after the final whistle, it also proved a poignant moment for the club with a number of well regarded players, including cult hero Simon Bræmer, saying their farewells. The next season, AB could not sustain the success and ended last in 1st Division, thus relegating back to 2nd Division. In June 2012, AB was rescued from bankruptcy by a majority in Gladsaxe Municipality Council. As a result of the cooperation with Gladsaxe Municipality, the club changed its name in September 2012 to Akademisk Boldklub Gladsaxe to mark the club's association with the local area. AB currently has about 1,500 members and a profiled youth division which has raised talents such as Nicolai Jørgensen, Oliver Lund, Klaus Lykke and Lukas Lerager. AB operates Copenhagen Sport & Event Park centered around the facilities on Gladsaxe Stadium. In November 2022, AB was sold to the British-American investor group Five Castles Football Group LLC. Stadium AB plays their home matches at Gladsaxe Stadium (). The stadium is located on Gladsaxevej 200, Søborg, Gladsaxe Municipality, in Copenhagen, and is primarily used for football matches. The stadium has a capacity of 13,507, of which 7,707 are covered seats. The rail size is 105 x 68 meters, and the lighting is 700 lux. The construction of the stadium was started in 1938, and the stadium was inaugurated on May 26, 1940, under the name Gladsaxe Idrætspark Marielyst. The stadium was expanded and renovated beginning on November 16, 1998. This renewal of the stadium included constructing a new long side with both upper and lower grandstand, a sponsor lounge and two end stands with only standing room without a roof. At the same time, the running course around the pitch was removed. The stadium was subsequently inaugurated under its new name, Gladsaxe