Norwegian top leagues continue trend of financial troubles
By Ciara McCormack
While the Toppserien lost Donn to bankruptcy at the end of 2010, before the start of the 2011, the 1st Division had already lost Orkla and Manglerud Star because of financial trouble. Now, not even a quarter way through the 2011 season, financial concerns continue to plague Norway’s historically strong leagues. Last week, Trondheim’s Orn was in the headlines because of financial troubles. Assistant coach Peter Pedersen was let go due to financial troubles, and it was reported that head coach Goril Kringen is currently coaching without a contract. (more…)
