Particle.news
Download on the App Store
457 ARTICLES
·
2mo ago

1860 Munich Cuts Ties with Investor After Licence Loss as Germany Replaces Injured Karl

The move transfers the club’s playing rights to the e. V., obliging the association to form a new operating vehicle to secure short-term funding and face likely court fights.

Ein französischer Polizeibeamter betritt den Gerichtssaal am ersten Tag des Prozesses gegen den Deutschen Martin N. Der in Deutschland bereits wegen dreifachen Kindsmordes verurteilte sogenannte Maskenmann ist in Frankreich wegen eines weiteren Mordes an einem kleinen Jungen zu lebenslanger Haft verurteilt worden. (zu dpa: «Lebenslange Haft in Frankreich für deutschen «Maskenmann»»)
Image
Die Zusammenarbeit zwischen Investor Hasan Ismaik und dem TSV 1860 München ist beendet.
Image

Overview

  • The club announced it had terminated the 2011 cooperation agreement with Hasan Ismaik’s HAM International on Thursday after the KGaA failed to prove the €2.7 million DFB licence guarantee.
  • The e. V. has received BFV clearance to field a Regionalliga Bayern team but must quickly create a new operating company and raise funds to cover lost revenue and existing season-ticket obligations.
  • Ismaik has said he will legally review the termination, making injunctions and prolonged court proceedings the most likely next steps and leaving his 60 percent KGaA stake without the playing-rights core value.
  • Most of the current professional squad lack Regionalliga-level contracts and the club faces probable player departures, coach uncertainty and urgent sponsor negotiations with parties including Die Bayerische.
  • Separately, Germany’s squad lost Bayern winger Lennart Karl to a left-thigh muscle-bundle tear on Friday and Julian Nagelsmann has officially called up Assan Ouédraogo as his replacement for the World Cup.