Bregenz disappointed: late financial figures endanger Bundesliga future!

Bregenz disappointed: late financial figures endanger Bundesliga future!

Bregenz, Österreich - The SW Bregenz association is under pressure after he has missed the deadline for submitting the annual financial statements to the Bundesliga. The certified annual financial statements, which was due until June 30, was not submitted, as was that of Austria Klagenfurt. In a detailed statement on the club website, the board said that the first consolidation was a major challenge, especially since the association is heavily dependent on volunteers. The outsourcing of the professional game company in autumn 2023 also presented those responsible for additional problems.

As the board continued, the sudden withdrawal of the previous tax consultancy office also led to delays for reasons of capacity. The difficult search for a new tax advisor in Vorarlberg has further delayed the separate annual financial statements for the parent company and the subsidiary GmbH. The consolidated conclusion is currently only a preliminary draft and the final examination has not yet been completed. "We very much regret that the documents could not be submitted on time," said the board. Nevertheless, the preliminary financial documents that are necessary for the license application for the 2024/25 season were submitted on time on October 15, 2024, as on laola1.at

new licensing requirements for DFL

In the context of the DFL German Football League e.V., the clubs of the Bundesliga and 2nd Bundesliga decided in the licensing regulations in December 2018. With a two-thirds majority, the clubs voted for greater transparency in the publication of essential club financial reports. These measures should not only apply in particular to clubs that participate in European competitions, but are also binding for all clubs. The total amount of the player mediator commissions paid and the financial indicators of the last financial year are published annually. This information is essential for the licensing process and are available on the DFL website, such as dfl.de reports.