Amateur sport clubs struggling financially

Ten sport clubs in Eindhoven are struggling financially as shown by financial data from the municipality

The municipality of Eindhoven has made a payment arrangement with the particular amateur sport clubs, in order that they can settle their debts. Clubs involved are amongst others PSV baseball club Almonte, the amateur club of FC Eindhoven and football clubs Brabantia, Gestel, and Tongelre. In total the debt amounts to more than 250,000 euros.

A spokesperson for the municipality announced that the municipality will go into further discussion with the football clubs of Tongelre and Gestel. As these clubs have serious financial problems and may not be able to settle their debts. According to the municipality it is as a result of weak management that they are experiencing these financial problems.

VV Wodan is also in debt, but the council already gave the green light a few weeks ago for a financial guarantee for the club, which saved the club from going bankrupt.

Source: Studio040
Translator: Jennifer den Dekker

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