A week’s respite: the club’s bankruptcy has not (yet) been declared

The Louvain commercial court, against all expectations, did not finally declare this Thursday the bankruptcy of KFC Diest, a premier Flemish Brabant provincial club with a historic past (see Footnews: https://tinyurl.com/njdmz8du).

He in fact granted him a one-week respite to find a possible buyer.

KFC Diest would be sitting on a mountain of debt of around 400,000 euros, according to the conclusions of provisional administrators Jacques Arnauts and Gunther Peeters, who examined its situation.

The hearing at the Louvain commercial court also revealed that there is currently no money to save the club.

The club’s lawyer having been called late, the court however decreed a further postponement of one week.

Die at 115, barring a miracle

The lawyer therefore has this respite to determine whether a recovery is still possible.

But barring a miracle, that shouldn’t be the case.

The case will be resubmitted to the Court on January 9.

Relegated to the first Flemish Brabant provincial this season, KFC Diest, coached by ex-Red Devil Danny Boffin (58 years old, 53 caps, 1 goal against Colombia, 2-0, in 1998), perhaps did not , or even probably, only a few days left to live.

It risks simply disappearing, 115 years after its creation on September 24, 1909.

Finalist of the Belgian Cup (2-4 ap against La Gantoise) in 1965, KFC Diest, number 41, played nine seasons among the elite of Belgian football, from 1961 to 1965, and from 1970 to 1975, and almost thirty years in D2.

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