Austria is under time pressure in the search for sponsors, millions are needed.
The violets just don’t calm down. In terms of sport, Austria is already three games behind a victory. But the hat burns much worse away from the square. The club is in dire financial straits, 12.5 million euros have to be released by Friday – otherwise bankruptcy threatens. Pure chaos, which was enriched by several facets over the weekend.
Krisch: No offer from Insignia at the table
Insignia first announced on Saturday that it wanted to buy shares in the club. “We are ready to submit an offer of 49.9 percent,” said company boss Michael Surguladze to Sky. That would correspond to the sum that the club needs. However, the relationship with the strategic partner is broken. In the past few weeks both sides have distributed a sponsorship agreement.
On Sunday Austria board member Gerhard Krisch was surprised: “I have no offer from Insignia on the table.” In addition, the Insignia offer is subject to one condition: the election of the new board of directors and the release of management from their duties. Surguladze at Sky: “On the one hand there are respectable and professional people on the board, but the real power is held by the management. Their vision and strategy are not acceptable to us.”
Krisch is therefore negotiating with other investors. As AUSTRIA reported, one of them is ex-LASK Vice Jürgen Werner. He should be ready to get in with a million dollar amount, is about to be completed. However, his function ban as a functionary (note player agency) was confirmed in the second instance until February 18, 2023. What position Werner then takes is up for discussion.
Background of the Insignia offensive: Austria board member Andreas Rudas, who has a good relationship with company boss Surguladze, wants to get rid of Krisch. Insiders speak of an intrigue …
