Insolvency of the Stadium's Name Sponsor for Werder Bremen
The Weser Stadium, home to Bundesliga football club Werder Bremen, may soon bear a new name as the insolvency filing of its current naming sponsor, Wohninvest, sets off a search for a new sponsor. Wohninvest, which has been the naming sponsor of the stadium since 2019, signed a ten-year contract with the Weser Stadium, due to expire in 2029. However, the company's financial difficulties, previously reported by various news outlets, have led to a potential change in the naming rights contract. Despite Wohninvest's financial woes, operations at the Weser Stadium continue uninterrupted. BWS Managing Director Hans-Jörg Otto has assured that the stadium's operations are not at risk. The search for a new sponsor is currently underway, with Matthäi emerging as the likely replacement for Wohninvest for the next season. The exact timeline for the termination of Wohninvest's naming rights contract has not been announced yet, but the change in the stadium's name could occur before the start of the next season. It is important to note that the Weser Stadium's naming rights contract with Wohninvest is yet to be officially terminated. The outstanding amount from Wohninvest to Bremen Weser Stadium GmbH (BWS) is not expected to be received in the current financial year. The annual payment of three million euros to BWS has not been made in the past due to Wohninvest's financial difficulties. The Weser Stadium's current name, 'wohninvest WESERSTADION', is likely to change for the next season, marking a new era for the iconic stadium. As the search for a new sponsor continues, the football community eagerly awaits the reveal of the new name for the Weser Stadium.
