FC Wacker Innsbruck: Creditors suffer total failure in bankruptcy proceedings!

02. April 2025

WOM

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Innsbruck, Österreich - The insolvency proceedings of FC Wacker Innsbruck GmbH, which has been pending on June 3, 2022, is coming to an end. The traditional Tyrolean club, which outsourced its professional team in 2016 in FC Wacker Innsbruck GmbH, is faced with considerable financial problems. Over 130 creditors have registered claims of almost 18 million euros, but the prospects for a repayment are very bad.

In the preliminary assessment of the insolvency administrator Herbert Matzunski, only around 2.4 million euros were recognized as justified. Due to his lack of wealth, a claim of 1.2 million euros against the former investor Thomas Kienle is not incorporated, which presents the creditors with a total failure. This means that there is no quota for distribution, so that the creditors will in all likelihood go away empty. As Krone , there is a last hearing date at the Innsbruck Regional Court in the coming weeks, according to which the bankruptcy proceedings are expected to.

structure and current situation of the association

FC Wacker Innsbruck also suffered greatly from a sporting point of view. The association had to eliminate due to its financial difficulties and is currently playing in the fourth -class regional league Tirol, where it currently has the lead. The way back to the higher leagues for the club, which once played in the Bundesliga, is now even more tedious, especially with the financial burdens from the bankruptcy proceedings.

In addition to the financial challenges, the association also had to survive judicial investigations during the insolvency proceedings. In August 2022, house searches took place in the Wacker office, in which several documents were secured. This was done in the context of negligent impairment of creditor interests and the suspicion of fraudulent Krida. In January 2023, however, the suspicion of the fraudulent Krida was discontinued, since no crida-prone acts were found, such as

outlook for the creditors

The insolvency administrators have assessed the situation critically. Over 120 creditors reported claims of around 16.5 million euros, but around 14 million euros were considered not justified. In the case of the creditors who had given hope for a repayment, the reality could be depressing, because the prospects for returns from the bankruptcy mass are minimal. The creditors have to adjust to a total failure.

FC Wacker Innsbruck GmbH and the associated financial difficulties take a light on the challenges with which many sports clubs are faced in Austria. These events are part of a larger trend, which is illustrated by the AKV insolvency ticker that documents current bankruptcy and bankruptcy proceedings in Austrian sports. The situation of the association brings many questions about future financial stability and sporting orientation.

Details
Ort	Innsbruck, Österreich
Quellen	www.krone.at www.meinbezirk.at www.akv.at