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Bambergo Brose Bamberg, the flagship of German basketball, has been on the brink of bankruptcy over the last few decades.
The club, faced with a major financial problem, was sacked by President Rolf Beyer. The official reason is "financial instability".
The four-year German contract with the club would have expired by the end of this year, but it was decided to release R.Beyer for a month. As expected, his duties will fall to Arne Dirk in January and will be temporarily occupied by Niklas Beyes, Sales Manager.
The club also reports that he is facing serious financial problems. From the bankruptcy, it can only be saved by the main sponsor of the Brose group and the financial support of the shop steward by Michael Stoscheck.
It is true that the players of the team do not complain about unpaid wages, so it is possible to conclude that the club, despite the problems encountered with basketball players, reports events.
The team has not had this effect either: the four wins of the first round of the FIBA Champions League in Group C are in third place. Leading Germany with six wins and two losses, Brose Bamberg shares third place.
Until last season, the Bamberg club was in Eurolyg and signed this summer a long-term contract with the FIBA Champions League. Brose Bamberg is also represented by Arnold Kulboka, a 20-year-old Lithuanian talent, and Gina Rutkauskas is the director of sport.
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