German Football club VfB Stuttgart will be sold to a eastern German company. Chemnitzer Chemie Fabrik AG will buy 100 % of the shares of the club. Due to the lack of financial liquidity this step had to be taken, an insider is being quoted. This is a one of a kind event in Germany‘s football history. Plan is that the club will completely transferred to Chemnitz within a period of 5 years.
German Football club VfB Stuttgart about to be sold to company from Chemnitz
