FC Groningen misses almost million euros due to main sponsor bankruptcy

FC Groningen misses almost million euros due to main sponsor bankruptcy

FC Groningen lost € 925,000 because main sponsor Office Center went bankrupt. An attempt to reach a joint solution with the company failed.

A WHOA road ran between Office Center and FC Groningen. A financially struggling company tries to reach a private settlement with its creditors through court. FC Groningen reported on Wednesday that this process had yielded no results.

“First of all, we are very concerned about the fate of Office Center employees who have lost their jobs,” says Wouter Gudde, general manager of FC Groningen. “It’s also very sour for us.”

“We had long hoped that there would be an arrangement whereby we could expect at least part of the sponsorship money. This hope disappeared with the bankruptcy. That means a major financial tear in the pants.”

Gudde: “A significant part of our turnover of approximately one million euros. The temporary loss of a main sponsor also has important organizational consequences,” he says.

Office Center, an office supplies company, ended its sponsorship deal in September. The company carries FC Groningen until the summer of 2023 due to a notice period.

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Source: NU

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