Karlsruher SC wants to determine its path for possible bankruptcy in self-administration in the coming days. “We can probably expect a decision about how to proceed this week,” said managing director Michael Becker of the “Bild” newspaper (Tuesday). In all committees, it is seen “that such a self-administration procedure is in principle the right way,” said the 35-year-old. “Now it is still important to carefully assess the advantages and disadvantages for the association, including any risks.”
In the Corona crisis, the Baden second division football team relied more than some other clubs on the outstanding television money. The TV money flows only if the season can continue.
At the KSC there will be a meeting with the advisory board on possible bankruptcy on Tuesday afternoon. According to President Ingo Wellenreuther, a general meeting should be called before a decision is made. “The initiation of insolvency proceedings without questioning the members is illegal in my opinion,” said Wellenreuther on Tuesday of the German Press Agency.
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