1860 President (left)-© SID-IMAGES/Pixathlon /.The second division side 1860 Munich threatened by the insolvency has to overcome some hurdles to to the final rescue.
Munich (SID) - the second division side 1860 Munich threatened by the insolvency has to overcome some hurdles to the final rescue. Although are the Lions with the potential investor Hasan Ismaik nearing a final agreement and receive League (DFL) to examine the draft for the introduction of Jordaniers even the German football, 1860-President Dieter Schneider confirmed in the Sueddeutsche Zeitung. Should the creditors of the club but still refuse to make the partial waiver required by Ismaik, the whole construct would be failed. The alternative banking solution is regarded as little more likely.
"The risk of insolvency is still", said Schneider: "The solution must be in the first or second week of may;" just because the German conditions (...). "We have pressed for time."
The DFL wanted to give no opinion on request to the current procedure. The result of the examination by the League is also expected eagerly because the Lions of Ismaik have, apparently contractually guaranteed the right to increase its stake in the Club, to more than 50% should "50 + 1-rule" at some point but fall.
Schneider confirmed indirectly that sixty businessman in the the DFL has received design allowed this opportunity and meets as a key demand of the investor. If "50 + 1? fall, it would be"correct if he had this option", said Schneider of Ismaik."
