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- Coronavirus in the sports world – all of the latest developments
almost all of the other clubs from the first three leagues, signed Off by Bayern Munich and Borussia Dortmund, it looks grim in the Corona-the crisis of German football, already after a few weeks of stalemate, short-time work or have planned.
Allegedly, four of the Bundesliga clubs currently threatens and nine second-tier club insolvency, if the season is not played soon come to an end and, accordingly, around 600 million euros in television and sponsorship revenue are missing. According to the “kicker” is acutely the situation; accordingly, in may, eight club payment could be unable. Twelve clubs have already assigned the next TV rate, to your obligations to comply with.
There are many was not surprising that Andreas Rettig commented in the past weeks in several media with in-depth guest columns to the effects of Corona on professional football. Because of the massive economic consequences of the pandemic is also threatening one of the favorite topics of Rettig, who was until last fall the CEO of the FC St. Pauli: the 50+1 rule.
Cologne-Boss Heldt: “makes Sense, the whole System is the question”
Almost exactly two years, it is that Rettig his greatest success in this matter of the heart recorded: At the DFL meeting at the end of March 2018 he outwitted the majority of the time, according to the “world” rather be “nuts then, of a vegetable” club representatives and created facts. “A number of clubs made a pathetic picture,” commented the newspaper afterwards. “The surprising vote on the 50+1 rule shows how deep the rift in German professional football.”
The Coup of supporters of the investors, the lock may, however, prove short-lived, because the financial problems of almost all the teams has opened the door for external donors far.
“Of interested parties has been broken a lance for the investors club. This could overcome the crisis better, and the future is to be this model,” wrote Rettig, therefore, in the “kicker”. But the “to each straw-seated club” should not “sell the social, cultural, and historical roots and, therefore, your soul in time of trouble.” “Economical death”: For the Survival of the clubs there are probably only a solution to PCP “Economical death”: For the Survival of the clubs there are probably only a solution
nobody, wool, Horst Heldt immediately after the season, the interruption in the middle of March. stressed “I’m a football romantic,” said Cologne’s head of sports. He believe, however, that “it is always useful in a crisis, the whole System is to question”.
former Boss to Be the previous employer of Hannover 96 questions the System a bit longer. Martin child is a declared opponent of the 50+1 and has threatened multiple times with the gear in front of a court of competent jurisdiction, to bring the legally controversial scheme to. Even now a child, pleaded for abolition, in order to secure the Survival of most of the clubs, because they had for years, “lived from Hand to mouth”.
“locusts” plan entry in the German football
In the current crisis, such as the Karlsruher SC to think concretely about insolvency in self-administration.
it is Possible to make such thoughts not games the recent loosening of the DFL at the time of licensing, whereby a failure in the current season will automatically be a deduction of nine points. However, in order to gain a new perspective must be found quickly fresh money – a possible gateway for all kinds of donors to so-called “locusts”.
Private-Equity firms such as the former Hertha-co-owner of KKR, or the AC Milan that joins a US hedge Fund Elliott are supposedly specifically looking for a entry-level in Germany. Experts discussed whether or not Corona discussed now is the 50+1 rule tilts PCP panel of experts, whether Corona said now the 50+1 rule tilts
“the Bundesliga is the focus, is clear,” the Investment expert Martin Wolf of the “kicker”. “To buy as in most other European countries, even in Belgium and Austria, hardly any clubs, it is still a matter of time until the German market opens for investors, and 50+1 is adapted.”
the sports economist Dr. Christoph Breuer from Cologne’s sport University believes that only Investors can secure shares, the Survival of the club to Corona: “I can’t, of course, also with the 50+1 rule, investors then holding a majority of the votes. But it would not give additional possibilities, if it were not for the scheme.”
Windhorst, Kuehne and others chomping at the bit
So, Lars Windhorst, the Tennor Holding since the summer of 49.9 percent of the Hertha BSC football KGaA, said that without the 50+1 of the value of its Investments going to venture “into a whole new Dimension”. An intermediate step could be for many Clubs, the softening of the previous lock-up clauses.
So HSV would-benefactor Klaus-Michael Kühne immediately increase its 24.9 per cent, capped the shares. And even at FC Bayern, you could thinking in case of emergency, to increase the current 25 percent of the shares of the three owners, Allianz, adidas and Audi. dpa/Andreas Gora/dpa Hertha-Investor Lars Windhorst at a press conference
In this image is the recent plea by FCB Chairman Karl-Heinz Rummenigge for a relaxation of Financial fair play regulations: it fits”, You may have to allow investors that bring fresh money in the clubs, in order to provide for the Survival of the club.”
Be one tiger against players, Rettig is as well as the Ultras, and numerous other traditionalists, with Grey hear. Finally, it would not only be a significant part of German football culture price, but also the Dogma that the members have always the majority in your club.
Or is detrimental to Corona the investors?
Quite apart from the obvious risk that many investors focus only on profit maximization and, thus, at the end, as in other countries, scorched earth, verb to leave.
Currently, many supporters hope, therefore, that the crisis in the international financial markets, even the “locusts” and other investors such permanent damage behind, that these for the time being simply the means to a large-scale attack on 50+1.
At the end of the Corona-crisis, but decide probably not a Tradition, but the view of the account, whether the rule falls. Or, as formulated by the poet and self-confessed Fan of Bertolt Brecht (“football, like all great art”), for all times valid: “food First, then morality”.
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The Person: Martin Volkmar is as Head of Publishing of DAZN Group and editor-in-chief responsible for the sports Website SPOX.com and the German editorial team of the world’s largest football platform Goal.com. SPOX SPOX
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