Lyngby Boldklub HubLyngby Boldklub has finally secured its survival thanks to a new investment. The club has been fighting to raise the millions needed to avoid bankruptcy.
What happened?
Lyngby Boldklub confirms that the Super League club has paid wages to players and avoided a threatening bankruptcy. The club needs 10 million kroner in the bank now to pay the players' wages.
What does it mean for Lyngby Boldklub?
The new buyer can get something out of the investment, even if it's not a profitable business to swing the credit card in favor of Lyngby Boldklub. The football players are the most important asset in the club, and the team was good enough to win bronze in the Super League last season.
| Stat | Value |
|---|---|
| League standing | 1st in 1. Division, 42 pts, 12W-6D-4L from 22 games |
| Goals this season | 49 scored, 25 conceded (+24 goal difference) |
| Lead at the top | 3 points clear of Hvidovre |
What's next?
Lyngby Boldklub has not had a balance between income and expenses for months. According to Ole Hall, it can help the budget if many of the high-wage players leave. But basically, one must expect to have to invest a lot of millions to keep the club alive.
