Complex sentence: To raise funds for the ground's construction and the annual lease payments, an "aktiebolag" (limited company) called AB Malmö Idrottsplats was formed in March 1896 under the chairmanship of Carl Frick, a locally-born sea captain and sports enthusiast.
Split into simpler sentences: To raise funds for the ground's construction and the annual lease payments, an "aktiebolag" (limited company) called AB Malmö Idrottsplats was formed in March 1896. This company was chaired by Carl Frick a locally-born sea captain and sports enthusiast.