yellow wall
JF-Expert Member
- May 25, 2017
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- 105
What Went Wrong? The Debacle at 1860 Munich
By jamie walker
TSV 1860 Munich have had the kind of week that will go down in history for all the wrong reasons, and the clubs entire future is now in serious doubt. Just days after 1860 were officially relegated from Bundesliga 2 following a 1-3 aggregate loss in the playoff/promotion game against SSV Jahn Regensburg the DFB confirmed in a statement today that the club failed to provide the necessary funds required by Friday’s deadline to pay for a license to play in Bundesliga 3 in the 2017/18 season.
Failure to acquire this license means that the club will have to play at the amateur level in the German footballing pyramid in either the Regionalliga Bayern (4th Tier) or Bayernliga (5th Tier). Die Löwen (The Lions) could now suffer the indignity of possibly playing in the same division as their famous cross city neighbor’s Bayern Munich’s reserve team.
The club which has been on a steady downward decline for almost a decade were rescued from insolvency by Jordanian businessman Hasan Ismaik in June 2011, Ismaik bought a 60 per cent share in the club – an investment of 18m euros was made which in turn gave him 49% voting rights at the club so as not to infringe on the 50+1 rule which limits the influence of external backers for German football clubs.
Over the last week the club has hit rock bottom, even before the club was officially relegated, internal fighting, disagreements over how the club should be run and how the club should go forward, high profile resignations and ultimatums have put the Bavarian club all over the backpage headlines around the world. Ismaik has said that he refuses to pay for the license (believed to be somewhere between 5 – 10 million euro) and in a statement revealed the reason was because “1860 refuses to make the necessary changes to solve the many issues at the club.”
1860 are former champions of Germany winning the league in 1966 however they last appeared at the highest level of German football back in 2004. The Bavarian club can still boast some of the best support in Germany despite playing in Bundesliga 2, they averaged over 25,000 per game this season with over 62,000 fans turning up at the Allianz Arena for the promotion game against Regensburg.
By jamie walker
TSV 1860 Munich have had the kind of week that will go down in history for all the wrong reasons, and the clubs entire future is now in serious doubt. Just days after 1860 were officially relegated from Bundesliga 2 following a 1-3 aggregate loss in the playoff/promotion game against SSV Jahn Regensburg the DFB confirmed in a statement today that the club failed to provide the necessary funds required by Friday’s deadline to pay for a license to play in Bundesliga 3 in the 2017/18 season.
Failure to acquire this license means that the club will have to play at the amateur level in the German footballing pyramid in either the Regionalliga Bayern (4th Tier) or Bayernliga (5th Tier). Die Löwen (The Lions) could now suffer the indignity of possibly playing in the same division as their famous cross city neighbor’s Bayern Munich’s reserve team.
The club which has been on a steady downward decline for almost a decade were rescued from insolvency by Jordanian businessman Hasan Ismaik in June 2011, Ismaik bought a 60 per cent share in the club – an investment of 18m euros was made which in turn gave him 49% voting rights at the club so as not to infringe on the 50+1 rule which limits the influence of external backers for German football clubs.
Over the last week the club has hit rock bottom, even before the club was officially relegated, internal fighting, disagreements over how the club should be run and how the club should go forward, high profile resignations and ultimatums have put the Bavarian club all over the backpage headlines around the world. Ismaik has said that he refuses to pay for the license (believed to be somewhere between 5 – 10 million euro) and in a statement revealed the reason was because “1860 refuses to make the necessary changes to solve the many issues at the club.”
1860 are former champions of Germany winning the league in 1966 however they last appeared at the highest level of German football back in 2004. The Bavarian club can still boast some of the best support in Germany despite playing in Bundesliga 2, they averaged over 25,000 per game this season with over 62,000 fans turning up at the Allianz Arena for the promotion game against Regensburg.