HB Ludwigsburg: Champions League competitor insolvent

Handball Bundesliga

Second division club from HBW Balingen-Weilstetten takes over license

Ludwigsburg/Balingen. Champions League participant HBW Balingen-Weilstetten takes over the license from the insolvent handball Bundesliga club HBW Ludwigsburg-Oßweil. This was announced by the Swabians on Thursday. The license had been put up for auction by the insolvency administrator. Balingen is said to have secured the rights with a purchase price of 75,000 euros. The license includes the right to play in the first division as well as the club's name and logo. HBW Ludwigsburg-Oßweil had filed for insolvency in April 2023. The club had been struggling with financial problems for a long time. In the 2022/23 season, the team finished second to last in the Bundesliga and was relegated to the second division. HBW Balingen-Weilstetten is currently fifth in the Bundesliga. The club is expected to play in the Champions League next season.