Trouble in 1. FC Kaiserslautern: Dear Palatinate instead of Dubai

The entry of a group of regional entrepreneurs as investors in 1. FC Kaiserslautern provides the third League club for fierce dispute. The club went on Thursday

Trouble in 1. FC Kaiserslautern: Dear Palatinate instead of Dubai

The entry of a group of regional entrepreneurs as investors in 1. FC Kaiserslautern provides the third League club for fierce dispute. The club went on Thursday even as a lawyer against the public Statements of one of its Board members. The Supervisory Board, Jörg Wilhelm, a Professor of law from Switzerland, had previously sponsored an unusually offensive by the club not to adopted investors, the offer from Dubai.

With some in rhyme written Posts he made on social media to doubt the decision. He spoke of the "dark back rooms" and the fact that the Public was misled. The Statements of William were "intolerable and disrespectful" towards the bodies and the creditors ' autonomy, says club managing Director Soeren Voigt.

The football club is in the self-managed insolvency proceedings. On Wednesday, the provisional creditors ' Committee of the FCK-capital society voted unanimously for the cooperation with regional investors as the Basis of the license for the next season. The decisive factor is now, following negotiations with investors and creditors.

the entry of The investors will be prized with eight million euros for 25 percent of the shares in the FCK-capital company. The offer of the German businessman from Dubai, to be located at 16 million euros for 75 percent of the shares. This offer was not "acceptable," said the district court of Kaiserslautern ordered property, plant and Walter, Andreas Kleinschmidt. "Open questions" have been given with regard to the "transaction security", the "sports concept" and its compatibility with the Association law.

Updated Date: 31 July 2020, 09:19

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