[Volkswagen may divest from football business, Bayern and Wolfsburg affected] September 6th, Volkswagen Group may divest from its current football business in order to achieve self-rescue. Previously, on September 3, the Volkswagen Group’s Supervisory Board approved the “Future Plan 2030”, the largest restructuring plan in history. Article 10.9 of the resolution reads: “In principle, equity investments in football clubs do not form part of the 2030 target blueprint.” Accordingly, the affected German football clubs include Bundesliga giants Bayern Munich - 8.33% owned by Audi; Stuttgart - 10.4% owned by Porsche; newly relegated German second division team Wolfsburg - 100% owned by Volkswagen AG; German third team Ingolstadt - 19.9% owned by Audi. It is reported that the sponsorship contract signed between Bayern Munich and Audi will expire in 2029. (Observer Network)