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Hansa Rostock reduces liabilities to Obotritia Capital KGaA by 9.5 million euros

Economy
Hansa Rostock reduces liabilities to Obotritia Capital KGaA by 9.5 million euros

Hansa Rostock successfully reduced its liabilities to Obotritia Capital KGaA by 9.5 million euros. This was achieved via an eight million euro payment and a 1.5 million euro write-down from the creditor. The remaining debt is scheduled for full repayment by 2030.

The football club Hansa Rostock has achieved a significant financial milestone: liabilities to Obotritia Capital KGaA have been reduced by a total of 9.5 million euros. This reduction was realized through a targeted payment contribution of eight million euros and a write-down of 1.5 million euros by Obotritia Capital KGaA. With these steps, the club was able to significantly reduce its financial burden. Rolf Elgeti confirmed to the press that the remaining debt amount will be fully repaid by 2030, which creates a clear financial outlook for the club.

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Hansa Rostock reduces liabilities to Obotritia Capital KGaA by 9.5 million euros — News Hub