Overview

• On July 22 the HB Ludwigsburg GmbH & Co. KG filed for insolvency at the Ludwigsburg Local Court, initiating a preliminary review of its financial future.
• The Amtsgericht Ludwigsburg appointed Stuttgart lawyer Dr. Holger Leichtle as provisional administrator to secure assets and evaluate rescue options.
• Despite the filing, the club has affirmed that its on-court preparations, including the Supercup opener on August 23, will continue as scheduled.
• Handball-Bundesliga Frauen regulations stipulate an eight-point deduction at the end of the Hauptrunde if formal insolvency proceedings are opened.
• Club CEO Sebastian Götz attributed the insolvency application to an overall tense economic environment and the sudden collapse of promising sponsorship negotiations.