Crisis at the DSV Leoben: Will bankruptcy threaten after the sponsor?

Crisis at the DSV Leoben: Will bankruptcy threaten after the sponsor?

The DSV Leoben faces a massive financial crisis after the main sponsor TGI AG has been surprisingly and without notice without notice. This decision makes the football club, which is already in a precarious situation and forces him to check serious measures to secure its future. "This unexpected decision makes the club in an already difficult financial situation and forces us to examine all the necessary measures," said the DSV Leoben in a press release.

Legal steps and renovation considerations

In response to the termination, legal steps have now been initiated against former members of the recalled management. Between May and September 2024, they were responsible in the association and have been held responsible for numerous wrong decisions, which significantly deteriorated the economic situation of the DSV Leoben. Those responsible are also suspected of embezzling club money. The DSV Leoben is currently working with experts on a comprehensive analysis of the situation and checks the possibility of an orderly renovation or even an insolvency application, such as meindezirk.at reported.

This shocking step comes at a time when the DSV Leoben is sporty on the height and the regional league center leads to the last season. Nevertheless, it remains unclear whether the one -sided termination of the sponsor is related to the ongoing procedure for investment fraud that leads against TGI AG and its predecessor company GGMT. Over 21,000 customers are waiting for their funds from "promising gold shops", while the total damage amounts to more than 34 million euros, as orf.at reported.