This is what the Styrian clubs are doing financially

While the Lafnitz team achieved a financially stable result under new Swiss leadership, league dinosaur Kapfenberg is still the problem child when it comes to equity. A minus of almost two million shows that the “Falcons” are in the final financial hole, which is also confirmed by the highest annual loss of the second division clubs of around 760,000 euros for 2022/2023. “It’s not a nice situation, there’s nothing to sugarcoat,” said KSV boss Erwin Fuchs, who himself is one of the club’s biggest patrons and helps keep it alive. A second major KSV project needs to be financed with the neighboring academy. With sponsors increasingly unwilling to pay, his “squad jewels” are Fuchs’ best hope in times like these. “We have also invested in the squad here.” In the hope of earning something again through sales in the future.