"Munich 1860", one of the most established football clubs in Germany, is experiencing a serious financial crisis.
İdman.Biz reports that the club's investor has withdrawn financial guarantees related to loans. Therefore, the German representative can no longer pay salaries to players and staff.
"Munich 1860" is currently required to urgently find 2.7 million euros within seven days.
Otherwise, the club will automatically be relegated to the fourth division of Germany.