Swiss League

The club presented a loss of 1.2 million francs to the shareholders at the general assembly.

swisshockeynews.ch

Due to higher investments in the roster, lower revenues in certain areas, and higher expenses in game operations (electricity and security), EHC Olten's financial statements showed a big loss, despite a better result in ticketing and advertisement as budgeted.

The board of directors secured liquidity by means of loans, which are now converted into share capital. This enabled EHC Olten to meet its obligations in full at all times. Moreover, the general assembly decided to reduce the existing share capital and at the same time to carry out a capital increase of CHF 1'275'248. Currently, commitments for CHF 1,075,248.- have already been received. For the remaining amount of CHF 200'000.- new shares can be subscribed until October 31, 2023.

The board of directors, consisting of Marc Thommen (chairman), Max Feuz, Rolf Riechsteiner, and Fabian Aebi was unanimously re-elected while Jürg Brupbacher and Yannick Erb stepped down.

( 17 October 2023 | lle* )