Home » GER M: Dresden avoided administration, for now

GER M: Dresden avoided administration, for now

by WoV

Financial crisis is putting more and more German clubs into big trouble.




RWE Volleys Bottrop has already lost its license for Bundesliga, due to lack of funds, and Dresden could face the same scenario. This club has needed 40,000 euros until 27 December, otherwise he would have gone into administration…

Luckily, thanks to the sponsors and donations, Dresdnen collected 22,000 euros and managed to survive… For now. Club still needs to find the rest of the money, but management is optimistic and believe they can raise more funds in near future.  

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