Wolfsburg's survival doesn't depend on VW: Allofs
07 October 2015, 18:03
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.
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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."