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News - Munich in 1860 to bankruptcy


18.03.2011

Munich in 1860 to bankruptcy

 Munich in 1860 to bankruptcy


Vtorodivizionniyat 1860 Munich may become insolvent, informed the newspaper Bild. The club needs eight million euros in the next 12 days to avoid bankruptcy.

At a press conference CEO Robert Scheffer and President Dieter Schneider explained that the "lions" They need 3.5 million euros to finish the season. Furthermore, the need and yet 4.5 million for a license for next season.

In the classification of second division in 1860 was in eighth place with 37 point on the team two points were deducted for violations of the licensing procedure.



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