Football Bundesliga: Vienna Austria Confident Ahead of License Issuance

"It is about the full financing of the entire upcoming fiscal year, and here I am very positive and confident that we can achieve this once again in the first instance," said Austria Wien's Chief Financial Officer Harald Zagiczek on Friday at the Vienna City Hall. "We are confident that we can complete both processes promptly."

Wiener Austria Aims for Positive Decision in Licensing in First Instance

At the beginning of March, the Bundesliga clubs must submit their licensing documents on time, and the Violets aim to receive the playing license for the upcoming season, as in 2024, in the first instance. "We will present it to the league just like last year," explained Zagiczek. The Generali Arena is to be sold to the city of Vienna promptly, and this process is currently underway. "The values are currently being determined in detail," said the Austria CFO about the determination of a sale price by an expert from the city of Vienna. So far, 40 to 45 million euros have been reported. After that, Austria will pay a "quite market-standard, appropriate return on refinancing" as well as a "market-standard rent," emphasized Zagiczek.

(APA/Red)

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