We took care of to bring FC through another Corona year. It remains a monetary renovation case. The burden on the FC with financial debts is very high, the equity is almost taken in, claimed FC Taking care of Director Philipp Turnoff at the basic conference on Tuesday in the Fragrance Lanxess Arena

GAA recorded a minus of EUR 15.7 million after taxes for the 2021/22 period, and equity funding has decreased from 16.9 million to EUR 3.2 million. Contrasted to the previous year, the responsibilities only reduced by 2.7 million to 66 million euros.

The worry on the FC with debts is very high, the equity is almost eaten, claimed FC Handling Supervisor Philipp Turnoff at the basic meeting on Tuesday in the Perfume Lanxess Field

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Presuming that there are no remarkable worries from viewer exclusions in the present fiscal year, FC is intending once more for the very first time in years with a positive outcome in the upcoming report. A favorable outcome implies that we take the primary steps on a multi-year means to recover once more economically, stated Turnoff.

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The impressive showing off advancement can aid to put the FC on a steady structure much faster if we consistently proceed the calculated course taken, continued Turnoff.

FC Cologne has to complain about big losses. GAA tape-recorded a minus of EUR 15.7 million after tax obligations for the 2021/22 period, and equity capital has decreased from 16.9 million to EUR 3.2 million. Contrasted to the previous year, the obligations just lowered by 2.7 million to 66 million euros.