TSV 1860 München are very old, but recently they were within 24 hours or so of going bust, with serious financial problems. Despite Bundesliga 2 status they shared the cost of building Allianz Arena 6 years ago, and had to sell their 50% share to FC Bayern on the cheap and rent out the arena from them.
With average home attendances a fourth of their mega neighbours and much smaller sponsorships, they have tried to weather the storm. Players unpaid, rent unpaid to FC Bayern and then a knight in shining armour appeared. Actually a Jordanian businessman, Hasan Abdulla Ismail, who invested 17 million euros to purchase 60% of Die Löwen. FC Bayern had earlier loaned them 8 million euros to stay afloat, unpopular with both sets of fans, otherwise FCB would have lost E50 million on future stadium rental up until 2025.
TSV were one of the original members of the Bundesliga www.bundesliga.de in 1963 while FC Bayern joined 2 years later. In 1965 they lost 2-0 to West Ham United at Wembley in the UEFA Cup Winners Cup Final. As recently as 2000 they played in the Champions League, losing 3-1 on aggregate to Leeds United. I spent all of last week watching training at their youth academy, with teams from U 8 to U19 at 114 Grunwalder Strasse, just 4 blocks from Sabener Str. the home of Bayern. On the first team squad is 18 year old Bobby Wood from Irvine Strikers in Orange County, CA
On Saturday we took the U6 from Marianplatz to Allianz Arena for the first home Bundesliga 2 match of the new season v SC Karlsruhe. Our train was packed with Sechzger fans (60's) chanting, singing and rocking and bouncing the compartment all the way on the 20 minute ride. There was a good crowd of 26,500 well above average for the division, and a very competitive and entertaining contest. Christopher Schindler put the light blues ahead in the 36th minute, but a minute later KSC equalized from the penalty spot from Alexander Iashvili. Die Löwen got the winner and 3 points in the 56th minute from Stefan Aigner and fortunately a shot in the 83rd minute from KSC was ruled offside. www.tsv1860.de