1860 Munich relegated after Hasan Ismaik withdraws support

Investor Hasan Ismaik cancelled loans that had already been approved, a move that left 1860 Munich unable to meet the 3. Liga licence fee and precipitated the club's second relegation to the fourth tier since 2017. The club ultimately fell €2.7 million short. He then declared that he would not step in to avert insolvency.

Speaking to the Süddeutsche Zeitung, the Jordanian stated: "I believe it is now clear to everyone that simply providing fresh funds year after year cannot be a solution." The real issue, he stated, "is not whether one person grants another a further loan. The question is how the club intends to build a stable future that is not dependent on emergency funding every season." After main sponsor 'die Bayerische' invoked its relegation exit clause, the club faced a €2.7 million shortfall—the sum required for third-division certification.

Club management confirmed to angry fans outside the Giesing headquarters that 1860 would drop to the fourth-tier Regionalliga for the same reason.

Germany, Munich

1860 munich, hasan ismaik, relegation, 3. liga, regionalliga, insolvency, licence fee, die bayerische, giesing, 2.7 million