DSV Leoben in crisis: main sponsor withdraws!

DSV Leoben in crisis: main sponsor withdraws!

DSV Leoben is facing a dramatic turnaround in the club's history after the main sponsor TGI AG surprisingly terminated the sponsorship contract. This unexpected decision comes at an inopportune time and is particularly hard on the club, which is in financial trouble. “This unexpected decision hits the club in an already difficult financial situation and forces us to examine all necessary measures to secure the future of the club,” said DSV Leoben in a press release. The club has set ambitious goals, including promotion to the Bundesliga by 2028, but the reality is bleak.

This season, DSV Leoben is fighting for promotion to the Regionalliga Mitte after being denied admission to the ADMIRAL 2nd League. Nevertheless, the club's financial situation has been tense since the beginning of the 2024/25 season. Intensive savings seem to be unavoidable as personnel costs place a heavy burden on the club's coffers. In addition, legal action was taken against former managers of the association who were in office between May and September 2024. There is suspicion of embezzlement of club funds, which further exacerbates the problems. According to DSV Leoben, they are now working closely with the legal department as well as restructuring experts and auditors to find a solution and analyze the situation.

The path to bankruptcy?

As current developments show, DSV Leoben is even considering initiating an orderly restructuring process or, if necessary, filing for insolvency. The already strained financial situation and the termination of the main sponsor make it clear that the club must act quickly to avert a final crisis and not to completely give up its sporting ambitions. Given these turbulent circumstances, it remains to be seen how the club can realign its structure and strategy to meet the challenges of the coming months, reported dsvleoben.at.