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