Wolfsburg's managing director says the club "have a responsibility" towards their Volkswagen owners
23 March 2020
Despite the coronavirus pandemic, the club is still required to transfer their profits from player sales to Wolfsburg's owners, Volkswagen.
The club have informed their players of potential salary cuts due to the crisis, according to Wolfsburg's managing director, Jörg Schmadtke.
Wolfsburg have a responsibility towards their owners, Volkswagen (VW Group), according to the club's managing director, Jörg Schmadtke, despite the expected financial impact of the coronavirus pandemic.
The duration of the ongoing disruption is still difficult to determine, but serious financial implications are expected and many football clubs will have to make sacrifices to save their businesses.
"In my personal assessment, we also have a responsibility towards the VW Group - less in economic than in moral terms," Schmadtke told the German magazine Kicker.
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