Debts: 1. FC Köln ‘below financial restructuring’

Bundesliga A excessive mountain of debt

1. FC Köln calls itself a “financial restructuring case”.

1. Sports success in FC Köln helps to consolidate finances to a certain extent.  Participating in the conference league will bring the dirty club around ten million euros

Participating within the convention league brings in about 1 million euros. FC Köln

Source: Getty Images/Lars Baron

You can hearken to our WELT podcasts right here

The show of embedded content material requires your revocable consent to the transmission and processing of private knowledge, as suppliers of embedded content material require this consent as third-party suppliers. [In diesem Zusammenhang können auch Nutzungsprofile (u.a. auf Basis von Cookie-IDs) gebildet und angereichert werden, auch außerhalb des EWR]. By setting the swap to “on” you conform to this (you possibly can take away it at any time). This additionally consists of your consent to the switch of sure private knowledge to 3rd nations, together with the USA, in accordance with Article 49 (1) (a) of the GDPR. You can discover extra details about this. You can withdraw your consent at any time utilizing the swap and privateness on the backside of the web page.

When it involves sports activities, issues have at all times been going effectively at 1. FC Köln. But the financial state of affairs of the membership could be very dangerous. Management will sound the alarm as a result of liabilities could enhance considerably.

VErner Wolff was elected president of 1. FC Köln for one more three years. The 66-year-old and his deputies, Eckhard Sauren and Carsten Wettich, ran unopposed in a very harmonious and unobtrusive common meeting, successful 91.82 p.c of the vote.

Former head of a big brewery (Bitburger), Wolff was elected president in September 2019, succeeding Werner Spinner. Prior to taking up in 2012, Wolff held the place on an interim foundation for 5 months following the resignation of Wolfgang Overath in 2011. “I’m very overwhelmed,” mentioned Wolf: “Thank you on your belief.” I consider that we are able to pay for it with laborious work.”

Here you’ll find Twitter content material

The show of embedded content material requires your revocable consent to the transmission and processing of private knowledge, as suppliers of embedded content material require this consent as third-party suppliers. [In diesem Zusammenhang können auch Nutzungsprofile (u.a. auf Basis von Cookie-IDs) gebildet und angereichert werden, auch außerhalb des EWR]. By setting the swap to “on” you conform to this (you possibly can take away it at any time). This additionally consists of your consent to the switch of sure private knowledge to 3rd nations, together with the USA, in accordance with Article 49 (1) (a) of the GDPR. You can discover extra details about this. You can withdraw your consent at any time utilizing the swap and privateness on the backside of the web page.

Financially, FC remains to be below strain. According to preliminary outcomes, the Cologne-based firm closed the 2021/22 financial 12 months with a lack of 15.7 million euros after tax. In addition, there are about one million negatives for eV Even if the numbers have been vastly affected by the corona pandemic, managing director Philippe Thuroff discovered clear phrases on the common assembly.

Debt of 65.9 million euros

“This stays a financial restructuring case,” mentioned Turoff, who has been in workplace since Jan. 1. The debt stage is 65.9 million euros. Certificates of Attendance and so forth. bearing in mind about 80 million liabilities, Turoff mentioned. It will likely be a “lengthy highway to financial restoration.” However, “wonderful athletic growth” may assist “put FC on a extra secure footing quicker.” Advancement to the group stage of the convention league will convey further income of round ten million euros.

learn too

Christian Keller, Turoff’s colleague primarily answerable for sport, defined that the membership “had been in a structural deficit for years”. And that is even earlier than Corona. That is, he at all times wanted particular earnings, normally transfers. But it’s essential to construct a membership in order that transfers permit you to develop. It would not miss a detailed vary.”

Baumgart offers the season a 3 thus far

The first hour featured the Bundesliga males’s and girls’s groups. Coach Steffen Baumgart was requested on stage to charge the season thus far and defined with a smile: “I’ll give us 3. And hopefully it should nonetheless be 2 or 1.”

Here you’ll find Twitter content material

The show of embedded content material requires your revocable consent to the transmission and processing of private knowledge, as suppliers of embedded content material require this consent as third-party suppliers. [In diesem Zusammenhang können auch Nutzungsprofile (u.a. auf Basis von Cookie-IDs) gebildet und angereichert werden, auch außerhalb des EWR]. By setting the swap to “on” you conform to this (you possibly can take away it at any time). This additionally consists of your consent to the switch of sure private knowledge to 3rd nations, together with the USA, in accordance with Article 49 (1) (a) of the GDPR. You can discover extra details about this. You can withdraw your consent at any time utilizing the swap and privateness on the backside of the web page.

Riots earlier than the Conference League recreation in Nice have been a problem, however not controversially mentioned, because the board’s line to ban all offenders from the stadium and expel them from the membership was broadly applauded. One member defined that it was all “too coordinated” for him alone, and cited solely about 1,000 members. When the board was elected at 10:20 p.m., there have been nonetheless 827 individuals. The membership has a complete of 123,000 members.

Here you’ll find third-party content material

The show of embedded content material requires your revocable consent to the transmission and processing of private knowledge, as suppliers of embedded content material require this consent as third-party suppliers. [In diesem Zusammenhang können auch Nutzungsprofile (u.a. auf Basis von Cookie-IDs) gebildet und angereichert werden, auch außerhalb des EWR]. By setting the swap to “on” you conform to this (you possibly can take away it at any time). This additionally consists of your consent to the switch of sure private knowledge to 3rd nations, together with the USA, in accordance with Article 49 (1) (a) of the GDPR. You can discover extra details about this. You can withdraw your consent at any time utilizing the swap and privateness on the backside of the web page.

.

Leave a Comment

Your email address will not be published.