Since last Monday, VfB Stuttgart has been in Marbella, Spain, to prepare for the further relegation battle in the Bundesliga as part of a multi-day training camp. Not only in terms of sport were the course recently set for the penultimate team that was threatened with relegation. There is also positive news about the traditional club from an economic point of view.
As several media reports unanimously, VfB Stuttgart has landed an investment deal worth millions for the coming years.
According to the “kicker” report, the sporting goods manufacturer Jako, which has been with the Swabians for some time as a jersey supplier, has secured a stake of just over one percent in VfB Stuttgart AG. To this end, the group has invested almost four million euros.
In addition, Jako has extended his outfitter contract, which lasted until 2023, until at least 2028 in the state. This should also bring four million euros into the VfB coffers per year. Overall, the extended supplier contract is worth 20 million euros.
Is VfB Stuttgart still active on the transfer market?
In addition to these investments by partner Jako, VfB Stuttgart has recently also taken action itself to fill the account for possible player purchases. The transfer of Philipp Klement (on loan to SC Paderborn), Hamadi Al Ghaddioui (FC Pafos) and Marc Oliver Kempf (Hertha BSC) brought in an almost seven-digit transfer budget, which could still be reinvested by the change deadline next Monday.
“In any case, we’ve done our homework, which now enables us to do something if we wanted to,” Stuttgart’s sports director Sven Mislintat was quoted as saying in the “kicker”.
In the Bundesliga, the table next to bottom continues on February 5 (from 3:30 p.m.) with the home game against Eintracht Frankfurt.