Kaiserslautern (dpa) - Former CEO of 1. FC Kaiserslautern, Stefan Kuntz, considers the bankruptcy of his ex-club and third-division football team 1. FC Kaiserslautern to be logical.
"In general, the situation in Kaiserslautern is not so easy. The World Cup stadium is like a block on the leg. And the location itself does not have so many sponsors," he said at "100% Bundesliga - Football at NITRO".
He also believes that the decision of the German Football Association not to deduct any points due to the Corona crisis contributed to the decision. "It will be seen whether the subsequent bankruptcy will have all the effects that will come afterwards, but at the moment I think there is almost no alternative," said Kuntz, who was CEO of Lauterer from 2008 to 2016 and is currently the U21 coach -National team is.
The four-time German master from Kaiserslautern is said to be in debt with around 24 million euros. Around 15 million euros will be needed to issue the license for the coming season.
