In a recent development, Werder Bremen’s stadium sponsor, Wohninvest, has filed for insolvency at the Stuttgart Local Court. For the past year, the real estate company from Baden-Württemberg had not fulfilled its financial obligations, totaling three million Euros. This situation was something that Werder and the stadium operator, BWS, had anticipated for some time.
BWS CEO, Hans-Jörg Otto, mentioned, “We have to assume that we will not receive the overdue three million Euros from Wohninvest in this fiscal year.” While there is a possibility of receiving some funds through the insolvency administrator’s efforts, it is uncertain. Werder Bremen and BWS are actively seeking a new sponsor to replace the unpopular real estate company among a considerable portion of the fan base. Conversations are ongoing with potential candidates, but it remains unclear if a replacement will be secured before the start of the season.
As discussions continue to find a new sponsor, the exact timeline for securing one before the season commences remains uncertain. This financial setback adds to Werder Bremen’s challenges, as they navigate through changes both on and off the field. The search for a reliable and supportive partner looms large, highlighting the importance of stable financial backing in the competitive world of football.
