Cologne –

1. FC Köln shortly before its general meeting on Thursday, June 17, 2021. What good news do those responsible have in their luggage? One concerns the lease for the Rhein-Energie-Stadion. After months of discussions, an amicable agreement was reached: The Cologne sports facilities will receive half of the agreed rent of nine million euros per year for the last games of the 2019/20 season and for the 2020/21 season. The Kölner Stadt-Anzeiger reported first.

  • 1. FC Köln pays half of the stadium rent for the time since the corona pandemic
  • Board presents the compromise at the general meeting of 1. FC Cologne
  • 1. FC Köln saves around 4.5 million euros for the past season

House blessing between KSS and 1. FC Köln hung crooked

At times, the house blessing hung really crooked between 1. FC Köln and its “landlord”, the Cologne sports facilities. Due to the corona pandemic, no more spectators have been possible in the Rhein-Energie-Stadion since March, and FC lost around 1.8 million euros per home game.

It goes without saying that CFO Alexander Wehrle wanted to talk about the lease, according to the FC lawyers, the business basis for the lease agreement, which stipulates precise conditions for both the Bundesliga and the second division, was no longer applicable. In the first division, the FC has to pay nine million euros, but the FC only wanted to transfer the second division terms.

Sports facilities groaned under the loss of income

The KSS, which was groaning under the loss of income in all other areas, wanted to insist on paying the rent in full.

But now a deal has been agreed that both sides can live with. The FC only pays 50 percent of the rent.

The board presents the numbers to the members at the general meeting

According to EXPRESS information, the compromise will be official on Wednesday, and both sides have already agreed on a press release. On Thursday at the virtual general meeting of 1. FC Köln, the board and management will present the solution to the members. For the new season, both KSS and 1. FC Köln are hoping for at least partial capacity utilization, and later for the stadiums to be as full as possible so that FC can pay their lease with a clear conscience.

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