Six-figure debts
Automatically saved draft
A prominent bankruptcy has occurred in the Austrian soccer scene. The player agency of Danijel Arnautovic - the older brother and manager of ÖFB star striker Marko Arnautovic - is insolvent.
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen Bankruptcy proceedings were opened against the company in July, and now the extent of these proceedings is clear: 730,000 euros in claims had been registered by the time of the hearing on Wednesday, and 300,000 were recognized, as Creditreform managing director Gerhard Weinhofer announced to the Austria Press Agency.
Business operations to continue
Despite the insolvency, operations are to continue. In order for this to succeed in this case, the creditors must be paid in full, Weinhofer explained. A decision on this is to be made in the coming weeks. It is still unclear where the funds will come from.
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