US EditionIs Insolvency Threatening the Second Division Austria Klagenfurt?
4 Articles
4 Articles
Judge Gudrun Slamanig grants Austria Klagenfurt two more weeks of time to avert insolvency proceedings after "Krone-Infos". Shareholders Zeljko Karajica and lawyer Peter Urabl did persuasion work. According to the club, investor talks are going on. But with the union the next trouble threatens ... "Another extension of the deadline seems possible", Austria Klagenfurt's auditor Ulrich Kraßnig had the previous day in the "Krone" orakt.
According to the report, the Austrian Health Fund has submitted an application for outstanding contributions. Three players have already disbanded their contracts.
In spite of open debts in the high six-digit range, no bankruptcy proceedings against Austria were opened on Wednesday. Austria Klagenfurt has for the time being averted an imminent insolvency. Although, according to media reports, the club is struggling with debts in the high six-digit range, the Landesgericht Klagenfurt did not open bankruptcy proceedings on Wednesday. Instead, a three-week grace period was granted to settle open claims. The c…
Despite debts of several 100,000 euros, no bankruptcy proceedings against the football club were opened on Wednesday. The court extended the payment deadline by three weeks.
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