Elektra has to forced: Favac stays in the regional league!

Elektra has to forced: Favac stays in the regional league!

Wien, Österreich - On June 21, 2025, the football world again causes excitement. The TWL Elektra has to relegate due to a judgment of the parity commission. The club is passed back to the last place as a result of an open bankruptcy proceedings. While Favac, who had relegated in sports, now stays in the league, Elektra denies bankruptcy and complained about an alleged error that only affects a few hundred euros. However, the bankruptcy proceedings were opened due to a lack of cost recovery, which is why according to the statute, the descent of Elektra now seems to be unhappy.

The effects of bankruptcy are also noticeable for other clubs. The Vice President of the Vienna Football Association, Kurt Lanscha, expressed that it was an ongoing procedure. A final decision on the exclusion of the Wiener Linien team from the regional league is still pending and has to wait for the applications and gremial decisions.

challenges from insolvency proceedings

Insolvency is a recurring problem in professional football. This is illustrated by the example of the former second division club FSV Frankfurt, who registered bankruptcy in April and was automatically deducted nine points on the basis of it. Football clubs that descend from higher leagues are often exposed to enormous financial burdens because the television money drops drastically. Sponsors tend to turn away from less successful clubs, which also exacerates the economic situation. This also applies to other traditional clubs that had to register bankruptcy, including Kickers Offenbach, FC Homburg and Borussia Neunkirchen, as on FOCUS is reported.

A central aspect of bankruptcy is the bankruptcy plan, which requires the consent of the creditors and is often crucial for the debt relief. Dr. Christoph Niering, chairman of the VID and specialist lawyer for insolvency law, spoke in an interview about the challenges with which insolvent clubs such as Rot-Weiß Erfurt are confronted. When discussing insolvency proceedings, it becomes clear that the sporting descent not only requires a sporty but also an economic reorientation.

reality in football

traditional associations often struggle with unrealistic financial requirements due to past successes, which can lead to high debts. An example of this is Alemannia Aachen, who registered bankruptcy in 2012, triggered by high costs for the new stadium building, and despite the completion of the 2014 bankruptcy proceedings. Borussia Dortmund was also about to avoid bankruptcy in 2005, but was able to avoid it through a renovation concept.

The situation in football remains tense. There are justified concerns that many traditional clubs have to register bankruptcy again, since the financial balance is often disturbed. The continuing uncertainty and the challenges in insolvency law will continue to shape the football landscape, as [vid.de] (https://www.vid.de/pressespiegel/insolvente-fussballvereine- Vereben-im-insolvengrecht/) summarizes