Sad news from multiple sources. 4 times German champions 1. FC Kaiserslautern set to announce that the club is insolvent. Reportedly debts of around 24 mil Euro & 15 mil Euro needed for the licence to play next season. Media briefing on Monday & insolvency plan to be announced. https://t.co/0t02ywPECr

— Derek Rae (@RaeComm) June 14, 2020