According to a message from investor Hasan Ismaik, TSV 1860 Munich can hope to stay in the 3rd league.
“I think we will stay in the third league, and everyone is working particularly hard to stay in the third league,” Ismaik wrote in a statement, according to the “Süddeutsche Zeitung”. He doesn’t hope that the “Lions” have to go back to the fourth division.
Is there enough time for rescue?
According to the media, the “Lions” are missing 2.7 million euros for the license. The solvency must be proven to the German Football Association by this Wednesday. The traditional club is threatened with falling into the fourth division.
According to reports, some legal questions need to be clarified in the background. According to the “Süddeutsche Zeitung”, it is also about which demands of Ismaik are accepted and which may not be implemented at all for legal reasons.
The investors have already waived their original demand that the parent club waive its right of first refusal in the event of a share sale.
“Lions” want to avoid painful déjà vu at all costs
The Munich team, who have qualified for another third division season, want to avoid painful déjà vu. Already in 2017, Ismaik, who has always railed against the 50+1 rule in order to take control of the club, refused to pay around 10 million euros necessary for a license in the 3rd league after relegation to the 2nd Bundesliga.
TSV 1860 then had to make a fresh start in the regional league. At that time he achieved promotion under coach Daniel Bierofka.
Ismaik recently confirmed the termination of existing loan agreements on Instagram. According to his own statements, he has presented a new financing model with better conditions.