Eskilstuna Guif will not play in the men's top handball league next season. The club's debt burden is too large to obtain an elite license, according to club leadership. The club is now fully set on playing in the second-tier Allsvenskan next season.
7 million Swedish kronor, with net debt around three million kronor after assets and receivables. The acting chairman Stephan Eriksson said there are no shortcuts and the club must bring in more money than it spends. The club is second-to-last in the Handbollsligan, and a former chairman has been reported to the police.
The club's debt burden is too large to obtain an elite license
The gross debt is 4.7 million Swedish kronor, with net debt around three million kronor after assets and receivables
there are no shortcuts and the club must bring in more money than it spends