Following a dispute over authority, - VfB's working group reveals their findings.
In the wake of a leadership shake-up at VfB Stuttgart this past spring, the club plans to settle the makeup of its supervisory board in the future. A task group from within the football league team advised the board of directors on Tuesday to bring forward suggested statute revisions for debate and voting at the next Members' Meeting on July 28.
The decision to dismiss club President Claus Vogt as chair of the AG in March broke a long-standing commitment that the president would always preside over the supervisory board. Some sections of the organized fan community felt betrayed and viewed the members' influence as diminishing - some even demanded the entire board's resignation.
Since then, various stakeholders have vocalized their thoughts on the matter. Alexander Wehrle, Head of the AG's board of directors, indicated a desire to address and solve structural issues in a cooperative standing committee encompassing all the committees.
This working team has ostensibly made strides, as per their recent statement. The 50+1 rule, which restricts a financial investor from attaining a majority of votes and consequently the final say in a club, has been "unequivocally ensured" at VfB. The club intends to reinforce the supervisory board with additional personnel moving forward.
Regarding the General Meeting in 2017 that stipulated the president or a board member would always head the supervisory board, such pronouncements no longer apply legally for the independent supervisory board of a joint-stock company. Nevertheless, all committee representatives will pledge that "an elected board member should always be the chair."
Presently, VfB's supervisory board is chaired by Tanja Göner, though she is just a temporary measure. Vice President Rainer Adrion disclosed in May that he would be ready to take on the position "if it assists in bringing about harmony at the club."
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- The power struggle within VfB Stuttgart, based in Baden-Württemberg, Germany, led to the deselection of Claus Vogt as chair of the AG in March.
- Amidst the Bundesliga season, VfB Stuttgart is planning to strengthen its supervisory board following the recommendations from their internal task force.
- The fan community in Stuttgart criticized the developments, with some demanding the resignation of the entire board, feeling their influence was diminishing.
- In the future, VfB Stuttgart intends to reinforce its supervisory board and uphold the 50+1 rule, ensuring that no single financial investor holds a majority of votes.