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SBD Global/January 30, 2013/Finance
BBL Club Gießen 46ers Avoids Bankruptcy; HBL Club TBV Lemgo Also Out Of Trouble
Published January 30, 2013
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HANDBALL HELPERS: Handball Bundesliga (HBL) club TBV Lemgo has been able to financially secure the current season. The club said that "thanks to the support of shareholders and sponsors a threatening bankruptcy has been avoided." Club Chair Siegfried Haverkamp said, "It was revealed that the TBV Lemgo continues to enjoy the trust of the region." In mid-November, the club got into financial trouble for the second time in five months (TBV Lemgo).