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Message
re: Question about Schalke
Posted on 2/1/24 at 12:24 pm to lsugorilla
Posted on 2/1/24 at 12:24 pm to lsugorilla
I thought bayern helped 1860 munich
2
Posted on 2/1/24 at 2:22 pm to SeeeeK
Apparently both
Bayern Munich helped Borussia Dortmund avoid bankruptcy
BAYERN HELP OUT TSV 1860
quote:
Borussia Dortmund's president has confirmed his side received a €2 million ($2.6 million) loan from Bundesliga rival Bayern Munich to help stave off bankruptcy. Bayern president Uli Hoeness revealed details of the 2003 loan at a fans' meet in Hamburg over the weekend. [...] Dortmund flirted with bankruptcy in the seasons after its 2002 Bundesliga success, only pulling back from the brink in early 2005.
Bayern Munich helped Borussia Dortmund avoid bankruptcy
quote:
Bayern Munich have bought out TSV 1860 Munich's share in the new Allianz Arena for 11 million euros to save the "Lions" from the threat of bankruptcy.
BAYERN HELP OUT TSV 1860
Posted on 2/1/24 at 2:27 pm to SeeeeK
Bayern helped BVB in the 'aughts when it fell on hard times.
The financial help for TSV 1860 was more indirect; Bayern bought out their payments/percentage on the Allianz loan shortly after its construction, which gave them a shot in the arm and kept them in the 2nd division.
1860 needed more help a few years later and told Bayern to kick rocks in favor of a middle-eastern investor (I forget his name).
The financial help for TSV 1860 was more indirect; Bayern bought out their payments/percentage on the Allianz loan shortly after its construction, which gave them a shot in the arm and kept them in the 2nd division.
1860 needed more help a few years later and told Bayern to kick rocks in favor of a middle-eastern investor (I forget his name).
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