Saturday, April 2, 2011

2. Soccer-Bundesliga: 1860 must continue to tremble before the bankruptcy

In the fight against financial collapse and the sporting relegation hopes second division TSV 1860 Munich to a saving clearance in stoppage time. "We continue to work under high pressure to a principal concept," CEO Robert Schaefer reported on Friday. Premature reports of a rescue had to deny the club, the situation remains dramatic.

"There is no final solution to the economic emergency," it said in a statement. The "lion" in the short term need for more than ten million euros in fresh capital to avoid insolvency and a resulting downgrading the stock to turn amateur. A first step on the way to salvation was made on Friday.

In due time the Germans were from the football league (DFL) for the current season required conditions have been filed, said Shepherd and in the afternoon. It is a proof of liquidity amounting to EUR 1.75 million allegedly. By proving escaped the Lions a point deduction of nine points. Over breaches in the licensing procedures have been deducted in 1860 in the current season of the DFL already two points.

Schaefer said further that the players salaries for the month of March were instructed: "Thus, the negotiations for the conclusion of a viable solution be completed. The rescue efforts of President Dieter Schneider & Co. appears to be still running in different directions. After "Süddeutsche Zeitung" (SZ) in the rescue plans, the introduction of an Arab investor from the Emirate of Abu Dhabi is being discussed.

This could buy a two-digit million amount up to 49 percent of the shares of TSV 1860 Munich GmbH & Co. KGaA. More can not be called "50 +1" rule of the DFL, because in German professional football clubs always have to keep the majority. Since a dramatic public emergency appeal of the "lion" bosses two weeks ago will always discuss new rescue packages and fueled fears and hopes.

There are still traded and solutions through various banks and local rivals FC Bayern. The German champions will lose his unpopular Arena tenants, which he has already deferred payments in the millions not for personal gain. Bayern president Hoeness would also welcome investors started: "If the work should now be finally a single donor there," said Hoeness of the "SZ".

1860 would then no more having to deal with many creditors, but could "plan finally the future." The "Bild"-Zeitung reported on Friday by a rescue by the introduction of a European competition agency. The clock is ticking - the latest on the weekend, the club must win the battle for survival.

They wanted to "no water level information" cast more for his efforts, the club announced. President Schneider was previously in the "Münchner Merkur" but the direction in front - it is hop or top: "Either we manage to zero or 100 per cent - nothing in between." It was in the "injury time," said Schneider to the existing time pressure.

The professionals need to prepare for their next sporting use, meanwhile, on this Sunday in Aachen. The focus on the football but life is hard. "Everyone has us all in the mind as it goes," confirmed coach Reiner Maurer. "Everyone is hoping and trembling," said striker Benjamin Lauth.

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