Bundesliga Clubs Help Financially Stricken MSV Duisburg With 'Rescue-Package'
Financially stricken German football club MSV Duisburg "has received help from Bundesliga clubs Borussia Dortmund, Schalke 04 and Bayern Munich," according to Manfred Much of BILD. The trio has reportedly created a "rescue package" for the club. To receive the license for the 3rd League, Duisburg "has to close a liquidity gap and pay a security deposit in the form of a bond to the German Football Federation (DFB)." Schalke has reportedly already transfered €300,000 ($385,000) to Duisburg. In addition, Schalke will play a friendy against Duisburg and give the game's profit to the MSV. Dortmund and Bayern "will reportedly also help out with friendlies and interest-free loans." Former Duisburg President Andreas Rüttgers said, "Yes, we have been in contact with those clubs" (BILD, 7/7). SPIEGEL ONLINE reported the DFB "issued a prospective 3rd League license to Duisburg on Monday" (SPIEGEL ONLINE, 7/8).