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Raiffeisen threatens to withdraw sponsorship amid ÖFB leadership turmoil
A power struggle within Austria's largest sports association, ÖFB, has prompted sponsor Raiffeisen to threaten withdrawal unless the organization adopts a more professional approach. CEO Petra Walter's letter to the executive committee calls for an external president and suggests candidates, warning that internal interests could jeopardize future cooperation. Interim president Wolfgang Bartosch's ambitions for a permanent role appear increasingly unrealistic amid these developments.
Raiffeisen Banking Group threatens to withdraw sponsorship from Austrian Football Association
The Austrian Football Association (ÖFB) faces turmoil as major sponsor Raiffeisen Banking Group threatens to withdraw its multi-million support due to internal disputes and lack of communication following recent leadership resignations. Raiffeisen demands an external president and has proposed candidates, emphasizing the need for professionalization to maintain future cooperation. A general meeting for new elections is set for May.
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