Hlíðarendi is a multi-purpose stadium

Multi-purpose stadium

Multi-purpose stadiums are a type of stadium designed in such a way as to be easily used by multiple sports. While any stadium could potentially host more than one sport, this concept usually refers to a specific design philosophy that stresses multi-functionality over specificity...

 in Reykjavík

Reykjavík

Reykjavík is the capital and largest city in Iceland.Its latitude at 64°08' N makes it the world's northernmost capital of a sovereign state. It is located in southwestern Iceland, on the southern shore of Faxaflói Bay...

, Iceland

Iceland

Iceland , described as the Republic of Iceland, is a Nordic and European island country in the North Atlantic Ocean, on the Mid-Atlantic Ridge. Iceland also refers to the main island of the country, which contains almost all the population and almost all the land area. The country has a population...

. It is currently used mostly for football

Football (soccer)

Association football, more commonly known as football or soccer, is a sport played between two teams of eleven players with a spherical ball...

 matches and is the home stadium of Valur

Valur

Knattspyrnufélagið Valur is an Icelandic athletic club based in Reykjavík, Iceland. One of Iceland's most prolific clubs it celebrates its 100th birthday in 2011. The club is situated close to the city centre, in the traditional east side of town, at the old farmgrounds of Hlíðarendi...

. The stadium holds 3,000.

In June 2007 the club signed a five-year sponsorship deal with Vodafone

Vodafone

Vodafone Group Plc is a global telecommunications company headquartered in London, United Kingdom. It is the world's largest mobile telecommunications company measured by revenues and the world's second-largest measured by subscribers , with around 341 million proportionate subscribers as of...

 which will see the football stadium being renamed Vodafonevöllurinn and the handball/basketball stadium being renamed Vodafonehöllin (Vodafone hall).