Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Wolfsburg's survival doesn't depend on VW: Allofs

07 October 2015, 19:10

Berlin - VfL Wolfsburg boss Klaus Allofs insists the Bundesliga club's future does not depend on the survival of main sponsor Volkswagen, whose new CEO has stated the car manufacturer is reviewing its finances.

Embattled Volkswagen are caught up in a massive pollution-cheating scandal, which threatens to cost the company billions in vehicle overhauls and fines around the globe, with some 11 million diesel cars affected.

Also read: Madcap Klopp to bring dash of daring to Liverpool

VW's new CEO Matthias Mueller has said his company will review their finances thoroughly to see where they can save cash which includes delving into their huge sponsorship of Wolfsburg.

The carmakers invest an estimated 100 million euros into the football club per season, but Allofs refuses to worry about the durability of the sponsorship of his Champions League team.

"I have confidence in the strength of the leadership, that they know which measures would make sense and which would be purely populist," Allofs told SID, an AFP subsidiary.

"The survival of VfL does not depend on Volkswagen."

On Tuesday, Volkswagen boss Mueller told the Frankfurter Allgemeine Zeitung that they will "turn every stone and inspect it" to see where they can save cash.

"Everything which isn't absolutely necessary will be cancelled or written off," he added.

"I want to be quite frank: this will not happen without pain."

While Allofs expects their may be repercussions for his football club, he expects Volkswagen to honour their sponsorship of the club which dates back to 1945 after discussions with senior VW figures.

"I'm not worried about it, because a lot of things speak for the commitment which exists in VfL," he said.

"It's obvious that they will look into the appropriateness of the investment, whether the income and expenditure are correct.

"We're on the same wavelength."



Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...