KFC Uerdingen needs 500,000 euros in the near future. Insolvency is also not ruled out. The CFO provided information about this in an interview.
In sporting terms, KFC Uerdingen has got back on track over the course of the season. However, the traditional club’s financial situation looks dire. According to board member Bernd Limberg, the Krefeld club will soon need half a million euros to finish the season in the Oberliga Niederrhein.
The financial expert revealed this in an interview with the club’s radio station “Blau-Rot”. “We need the 500,000 euros now and not on May 30. We have to get the substance that will enable us to continue playing,” emphasized Limberg.
He attributes the missing amount to the lack of payments from the former main sponsor “dasbob”. As a reminder, KFC had signed a seven-year contract with the company under its former chairman Damien Raths in the spring. According to the club, the sponsor never met its payment obligations. For this reason, Uerdingen terminated the contract a few weeks ago.
And now KFC is without the hoped-for income, which according to Limberg would be enough “to get us through the season and tackle our old liabilities.”
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Even renewed insolvency proceedings are possible. “Insolvency is always a sword of Damocles that board members have to think about when there is a threat of insolvency.” In sporting terms, this step would have serious consequences: It would mean forced relegation to the Landesliga for the ambitious Oberliga club.
However, Limberg, who was appointed to the Executive Board at the end of June 2023 and has already worked as a financial expert in New York, was combative. After just three days in office, he had already had the opportunity to trigger an exit clause. “But I’m still here and would like to stay on. The tanker is currently in rough seas. It needs to be turned and is listing.”
What gives the Krefeld native hope: the rescue measures that the club has initiated in recent times to plug the “dasbob” gap. “We will tackle further campaigns,” reports Limberg. “My special thanks go to various fan groups. The fan community stands together and supports us. “