VfB Lübeck shortly before the abyss: existential financial crisis threatens!

VfB Lübeck shortly before the abyss: existential financial crisis threatens!

Herrenholz 12, 23562 Lübeck, Deutschland - VfB Lübeck is on the edge of the abyss! After a dramatic rescue operation, in which over 1 million euros was collected, the association has once again come into serious financial difficulties. This Saturday (December 7th) there will be an extraordinary general meeting in the "Juniper", where the future of the supervisory board is discussed. It remains unclear who will occupy the vacant positions because the election committee continues to be silent. This raises questions about the planned transparency in the club, while the fans hope for a representative in the supervisory board, as HL Sports reported.

At the same time, the supervisory board and the board urgently warn of impending bankruptcy, which would have to be carried out on November 28, 2024 at the latest, should it not be possible to close a liquidity gap of around 1 million euros within two days. With this potential bankruptcy, VfB Lübeck would be before the third bankruptcy within 16 years, which would massively endanger the future of the association. In a joint explanation, those responsible emphasize the urgency of open and transparent communication with sponsors, fans and employees. Urgently needed support can be provided in the form of donations or sponsorship, so VfB Lübeck .

The association is faced with a dense cloud of financial uncertainties and must find that the past scandal on the supervisory board and the years of financial problems have serious consequences. Professional management that can deal with the challenges of football is required. The goal of counteracting future sporting success is on the brink - and the pressure on those responsible is increasing steadily. Only together can this association survive the existential crisis.