German team Phoenix Hagen to start bankruptcy proceedings
The team will be automatically docked 4 points (equivalent of two victories in BBL)
Easycredit BBL club Phoenix Hagen will start bankruptcy proceedings. The team will be automatically docked 4 points (equivalent of two victories in BBL).
“The numbers sent in October by the team have changed significantly in comparison with those from July” the managing director of the BBL Stefan Holz said.
Phoenix Hagen will submit an insolvency petition to the District Court of Hagen.
“The numbers sent in October by the team have changed significantly in comparison with those from July” the managing director of the BBL Stefan Holz said.
Phoenix Hagen will submit an insolvency petition to the District Court of Hagen.
.@PhoenixHagen will start bankruptcy proceedings - will be automatically docked 4 points (equivalent of 2 @easyCreditBBL victories) https://t.co/OaWebDSIA8
— David Hein (@heinnews) October 18, 2016
E. Carchia
@Sportando
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