The former Bundesliga team KFC Uerdingen is facing the final end: “Despite the promises made, we can only be amazed at the sudden departure of the investor after he has previously made payments as agreed,” said insolvency administrator Claus-Peter Kruth.
According to a press release from Krefeld, KFC Uerdingen 05 Fußball GmbH is expected to be settled in regular bankruptcy proceedings, and a short-term conclusion of the proceedings is no longer expected. On the last day of the match, Uerdingen had still managed to stay in the 3rd league.
The German Football Association (DFB) confirmed on Wednesday “that no further documents (…) have been received as part of the fulfillment of the conditions in the approval process for the 3rd division (…)”. An official decision can be expected “within the next few weeks”. SV Meppen would then probably stay in the league.
In any case, the Krefeld club no longer had a future in the 3rd division in mind. According to KFC, Kruth had actually agreed in the past few days with investor Roman Gevorkyan for a restart of the KFC in the regional league for the coming season. “The investor is not available for this,” said Uerdingen.
Uerdingen receives “no more positive continuation prognosis”
The KFC had allegedly been imposed by the DFB to deposit a high seven-digit amount for the granting of the third division license. According to the KFC, this could not be met by the club on time.
“The, from our point of view, extraordinarily strict license conditions are likely to be due to the pre-insolvency management of the KFC,” says attorney Kruth. Without an investor and thus without financial planning security for the coming season, there would be “no more positive continuation prognosis” for the KFC. The insolvency plan accepted by the creditors is therefore no longer feasible.
Kruth: “We understand the big disappointment very well. Unfortunately, there is no alternative to this step. The fact that we even got here is thanks to the many supporters, especially the employees and fans, who have supported the KFC in the past difficult weeks and months We would like to thank you very much for that. “
Further sporting planning is now in the hands of KFC Uerdingen 05 eV
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