€1.2m shortfall: VSV GmbH enters restructuring proceedings

The supposed rescue of VSV before the start of the win2day ICE Hockey League season did not mean the end of all financial worries.

While the "Adler" intend to keep playing operations running, a review over recent weeks revealed a larger deficit than expected.

"Based on findings so far, liabilities amount to 2.4 million euros, with a large portion attributable to pending tax and contribution proceedings," explains Oliver Bergauer, who took over as managing director of EC VSV GmbH on October 1, 2026, with the goal of restructuring and reorganization.

This season's season ticket revenue already used last year

In order to get a handle on the situation, an application to open restructuring proceedings without self-administration was submitted to the Klagenfurt Regional Court.

Bottom line, there is a liquidity gap of around 1.2 million euros, which is now needed to complete the planned proceedings.

Among other things, the review revealed that parts of the revenue from season ticket sales and sponsorships intended for operations in the current season had already been used to cover liabilities from the previous financial year. Bergauer has asked his predecessor for clarification.

Match operations to continue

"Management is working intensively to raise the necessary financial resources. This requires a joint effort and the support of everyone who cares about the future of professional ice hockey at VSV. Existing and new sponsors, partners, stakeholders, and the entire ice hockey community are invited to actively support this path," the press release on the restructuring proceedings reads.

In any case, only the operating company EC VSV GmbH is affected, not the association EC iDM VSV. Match operations as well as activities for children, youth, and junior teams are set to be maintained.