US EditionVfB Lübeck facing insolvency: Regional league club must raise one million euros in two days
3 Articles
3 Articles
Two decades ago, Lübeck was in the cup semi-finals and on the verge of promotion to the Bundesliga. Now the club is on the verge of collapse.
20 years ago, VfB Lübeck was in the semi-finals of the DFB Cup as a second division team, but those days are long gone. Three bankruptcies, five relegations and three promotions later, the traditional club is once again on the brink of collapse: one million euros must be raised within two days, otherwise bankruptcy will follow.
The players of the regional league team VfB Lübeck were surprised by the club's impending insolvency. The news "came out of the blue," said team captain Marvin Thiel to the "Lübecker Nachrichten." There was great dismay within the team, which was informed of the dramatic financial situation on Tuesday afternoon. The situation was "to put it bluntly," said Thiel,... The post Insolvency shock at VfB Lübeck: Captain reacts appeared on Rmag.
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