Image: GEPA pictures
Vienna. There is no rest at the distribution circuit. As mentioned by Austria board member Gerhard Krisch in numerous statements, the economic stability of the violets continues to be the central challenge. “In the course of our restructuring measures, I set up a restructuring advisory board with experts from different areas a long time ago. This has developed a structured process for evaluating a potential investor and has produced two very interested investors who want to get involved within the scope of the licensing options. “
The more detailed or final design of the contract details – as is usual with such transactions – is currently still pending. Krisch: “For this reason we were not able to prepare the documents required by the Bundesliga as per item 10.4. of the license terms. “
What does that mean? The league must advise how to proceed with the club. There are no point deductions or penalties in the room. Only the certainty that the next licensing process will take a closer look.
Krisch: “Only because of the legally binding transaction documents that were not yet available, the auditor was unable to complete the audit on June 30, 2021 by the time of submission. However, he has confirmed that the other information and representations in the annual financial statements are correct and comprehensible, so that in the foreseeable future or after the investor's entry has been implemented, the audit of the consolidated financial statements will also be concluded and an auditor's certificate will be issued. “
In perspective, the next steps are clearly specified: “We will continue to work at full speed on the entry of an investor in order to be able to submit the necessary documents promptly and to also achieve the economic stability that is the prerequisite for a successful, sporting future.”
In any case, it remains to be seen how the Bundesliga assesses the current situation.
