The VfB Stuttgart probably rejected a deal of 100 million euros. This reports the image.
Accordingly, still-sporting board Thomas Hitzlsperger had the deal bursting before graduation by SMS.
The Bavarian Financial Investor Regal had apparently had 40 million euros for 11.75 percent of the club’s shares and additionally placed a loan of 60 million euros for further projects such as stadium conversion.
On April 30, the CFB officers and the financial company should already have signed a written declaration of intent, a few days later, the report after the cancellation of Hitzlsperger came due to high interest rates.
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The CFB is strongly advised by the Corona pandemic. Through the pandemic alone, the debts grew to €50 million, in sponsorship funds also lack another 40 million euros. In addition, two loans of €49.5 million need to be paid off.