This can happen with the club – news Sørlandet – Local news, TV and radio

The clock is ticking fast. At 15:00 on Friday, the board gathers in Vipers Kristiansand. Here the future of the club can be decided. Tuesday’s small bomb: the board believes the club needs NOK 25 million to be able to continue in Europe’s top flight. Chairman Peter Gitmark explains the sum with this, among other things: – The club will never get into a situation where we ask for money again. And it had to happen quickly. Friday 18 October at 3pm they set the deadline. Then everyone who wants to contribute financially, big or small, must have signed up. Otherwise, the club could be history at worst. Timane has gone before the Vipers board. They have gone fast. Claims more people want to invest But more investors are said to have signed up. On Thursday evening, six investors or groups, who want to invest or help the club, had become four. On Thursday evening and the night to Friday, chairman Peter Gitmark was to dialogue with them. On Friday, only two foreign players remain in the negotiations to raise NOK 25 million to save the club from bankruptcy. When the board meets at 3 p.m., the chairman hopes to be able to present one or more solutions to the board. Here are some possible outcomes: One or more investors put 25 million on the table – the club is saved. The club has not managed the target of NOK 25 million – the board cannot find grounds to continue. The club is bankrupt. The club is in negotiations with one or more players and has postponed the deadline. The club has received promises of an amount below 25 million – the board is discussing whether this is enough to continue, or not. This is what news knows in advance about the people who have contacted Vipers: Norwegian investor group Consisting of several people According to what news understands, they are willing to contribute around NOK 10 million. Norwegian manOne individual Must be willing to cover the entire sum – i.e. NOK 25 million. Foreign player Individual or duo from Southern Europe must have contacted the club. Must have signaled that it may be possible to enter with NOK 25 million. From abroad Person or investor group. This or these must also be from abroad. They are from Europe. Bad financial management In recent days, the chairman has drawn a gloomy picture of the financial management in the club in recent years. From positive equity of many millions, to minus 5.5 million no. A debt that has steadily increased, which is now around NOK 9 million. He also pointed out that too bad a job has been done on the marketing side. The club has not been able to increase income in line with increased expenses. At the same time, wages have increased sharply. This is how we have become accustomed to seeing Vipers in recent years. Here they cheer for gold after the championship final in 2023. Photo: NTB Can play their last match Vipers have been through successful years. They have won the series and the cup here at home. Out in Europe, they won the Champions League three years in a row. On Saturday, in the worst case, the club can play its own game in history. Then Buducnost from Montenegro will come to visit the Meisterliga. At the same time, the match could be the first in a “new” era. Published 18.10.2024, at 06.52 Updated 18.10.2024, at 09.43



ttn-69