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European: Kaiserslautern's future hangs in the balance

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posted on Nov, 4 2004 @ 02:29 PM
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The future of German club Kaiserslautern hangs in the balance once again after they reported losses of 6.9million euros for the last financial year.

Although the figure is less than was widely anticipated, it is still enough to cast a dark cloud over a side which has been struggling to maintain its existence both on and off the field for a number of years.

A series of relegation battles have so far been successful, but the club has again found itself in the lower reaches of the Bundesliga this season.

President Rene Jaggi has introduced a series of budget cuts over the last few seasons, but reducing costs alone is not enough.

Sportinglife




posted on Nov, 5 2004 @ 07:52 AM
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When Lazio's debt runs into nine figures it makes you wonder where they are coming from!



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