Troubled Chemnitz cut ties with Infront
Chemnitz, of German soccer’s third-tier 3.Liga, has split from Infront, the international sports marketing agency that was handling commercial deals, after the club entered insolvency.
Chemnitz informed sponsors over the weekend that it had terminated its agreement with the agency, with which it had been working with since 2011.
In an interview with Germany’s Tag24, Gunther Kermer, supervisory board member for the club, said: "We talked intensively with Infront but in the end what was proposed to us was not enough. In the fourth tier we want to take over the marketing of the club again."
Chemnitz are facing relegation to the fourth-tier of German soccer as they are presently 18th in the 20-team 3.Liga. The club is seven points behind Osnabruch in 17th place but is likely to be docked nine points by the DFB, the German federation, having confirmed it is filing for insolvency.
In a statement on the club website, the management board said: “We have to inform you that despite many efforts in the past few months we have not been able to take off the backpack of the past. After intensive negotiations, examinations and consultations, the members of the management board and the supervisory board have unanimously decided to submit the petition for the opening of insolvency proceedings.”