[Trim]

All clubs and capital companies sportingly qualified for the upcoming 2007-08 season have been granted the licence.

With this the licensing committee of the League Association followed the advice of the DFL Deutsche Fußball Liga GmbH and granted the authorisation to play to those clubs who had been asked to meet requirements concerning various criteria.

"The licensing committee have intensively examined all documents. We are delighted to be able to grant the license to all applicants", said Christian Müller, DFL CEO Finances and Licensing. "It's not only about proving solvency for the upcoming season, but also about meeting increasing demands on infrastructure."

Back in April the DFL had granted the license to those clubs not asked to meet requirements - partly with restrictions. So far the economic capacity of clubs and capital companies have only been tested in spring, but in the upcoming season there will also be a licensing inspection for the first time.

The financial situation of economically weaker clubs that were only granted the license with appropriate requierements will be verified again in autumn. Based on the balance of June 30th 2007 and on updated calculations, the clubs concerned have to prove that liquidity is indeed guaranteed until the end of the season.