Breaking News:

Mikl-Leitner fends off Prammer attack People’s Party (ÖVP) Interior Minister Johanna Mikl-Leitner has defended the plan to finalise the talks for the government’s transparency package this year.
Schönborn warns disobedient priests Viennese Archbishop Christoph Cardinal Schönborn is upping the pressure on Helmut Schüller’s Preachers’ Initiative.
Admira finish season in third FK Austria Vienna will not compete in the Europa League next season.
Austrians concerned about EU unemployment Joblessness is what worries Austrians the most, a poll regarding European issues shows.
Incoming IHS boss says pension age must rise The designated chief of the Institute for Advanced Studies (IHS) has called for an increase of the retirement age.
BZÖ ends Stronach speculations The Alliance for the Future of Austria (BZÖ) has finally dismissed the circulating rumours about teaming up with a billionaire businessman.
Foreign minister rules out stop of support for Greece Austrian Vice Chancellor Michael Spindelegger has promised that the European Union (EU) will not let Greece down.
Kurz kicks off kindergarten initiative Experts have expressed concerns about a capacity bottleneck as People’s Party (ÖVP) Integration Secretary Sebastian Kurz started a two-year kindergarten pilot project.
Rising rents fuel inflation Prices climbed by more than two per cent last month.
Post AG turnover up by six per cent Austrian postal services company Post AG has managed to increase its turnover and earnings.
Rapid drop defending duo Christian Thonhofer and Ragnvald Soma will leave Rapid Vienna at the end of this season, club officials announced today (Thurs).
ÖVP head pounces on PPÖ People’s Party (ÖVP) Vice Chancellor Michael Spindelegger has branded the Pirate Party (PPÖ) as a "group of clowns".

© Magna Wiener Neustadt

06. 09. 10. - 12:00

Magna Wiener Neustadt vice president to resign

The future of Magna Wiener Neustadt seems uncertain as vice president Ernst Neumann is to step down.

Neumann – a close friend and business partner of club owner Frank Stronach – announced at the weekend he will retire at the end of the season.

Neumann refused to give a detailed explanation for this decision, but reports suggest that plans to build a new stadium dismissed by Wiener Neustadt decision-makers could have been behind him announcing his resignation.

Now speculations have it Stronach – who founded Austrian-Canadian car parts manufacturer Magna – is considering stopping financial support for the club.

Manfred Rottensteiner, the club’s other vice president, however denied today (Mon) that the club was in turmoil.

Magna Wiener Neustadt were promoted to the Austrian Bundesliga in 2009. They led the table earlier this season, but dropped to seventh place after three losses in a row.

Magna face fifth-placed Kapfenberg when the season continues on Saturday.

The Austrian Bundesliga table after six rounds:

SV Ried, 15 points
Wacker Innsbruck, 13
Sturm Graz, 10
Rapid Vienna, 9
Kapfenberg, 8
Austria Vienna, 8
Magna Wiener Neustadt, 7
Red Bull Salzburg, 4
LASK Linz, 3
SV Mattersburg, 3

Related articles: football

Admira finish season in third
» Sports 2012-05-18
Rapid drop defending duo
» Sports 2012-05-17
Moniz attacks the press
» Sports 2012-05-15

Related articles: Austria & America

Brodbeck criticises credit rating 'hysteria'
» Business 2012-05-01
S&P concerned about banks' stability in serious crisis
» Business 2012-04-20
Fitch approves Austria's financial trustworthiness
» Business 2012-04-18

tumblr hit counter