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German Federal States — News — Germany — Mecklenburg-Vorpommern — Insolvency — Volleyball — last in the table — Game operation — Rhineland-Palatinate — Neuwied — Heavy — Women — insolvency petition — Bundesliga

Volleyball: VC Neuwied files for insolvency

The bottom team in the women's Bundesliga has run into financial difficulties. However, the club plans to continue playing.

,   and  Christian Meier
1 min read
A player in action. Photo.aussiedlerbote.de
A player in action. Photo.aussiedlerbote.de

Bundesliga - Volleyball: VC Neuwied files for insolvency

VC Neuwied 77 from the women's volleyball Bundesliga has filed for insolvency. However, as the league announced on Thursday, the opponent of SSC Palmberg Schwerin intends to remain in the ongoing match operations.

"Due to the legal requirements, we were required to file an application for the opening of insolvency proceedings in view of an impending inability to pay," Neuwied's manager Manohar Faupel was quoted as saying in the Volleyball Bundesliga (VBL) statement. Together with the provisional insolvency administrator, however, it has been decided that the team will be able to continue playing until further notice.

After nine defeats without winning a set, Neuwied is in tenth and therefore last place in the table. The game in Schwerin was also lost 0:3.

Volleyball Bundesliga announcement

Read also:

  1. Despite being in last place in the Volleyball Bundesliga due to nine consecutive losses without a set win, VC Neuwied from Mecklenburg-Vorpommern intends to continue its game operations, as stated by the league.
  2. The heavy blow of insolvency petition hasn't deterred VC Neuwied from their upcoming match against SSC Palmberg Schwerin in the Rhineland-Palatinate region.
  3. Regardless of their financial struggles, VC Neuwied from Germany managed to secure the opposition's approval to proceed with the ongoing match operations.
  4. With the filing for insolvency, VC Neuwied, a team that has been struggling in the women's volleyball Bundesliga, is now under the supervision of a provisional insolvency administrator.
  5. The ongoing match operations of VC Neuwied, currently in last place in the women's volleyball Bundesliga, will be monitored closely in light of their insolvency petition.
  6. The insolvency proceedings of VC Neuwied in the women's volleyball Bundesliga, which is based in Mecklenburg-Vorpommern, could have severe implications for the overall balance of the league.

Source: www.stern.de

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