Effenberg becomes a bank employee

“We have been in discussions with Mr. Effenberg for a long time on the subject of football financing. The result of these explorations is that Stefan Effenberg will be a member of our 'Corporate Customer Competence Team Football' in the future,” said a spokesman for the institute.

After his failed foray into coaching at SC Paderborn, the former professional from Borussia Mönchengladbach, Bayern Munich, Fiorentina and VfL Wolfsburg worked as an expert for the private broadcaster Sport1 in the football talk Doppelpass.

According to the financial institution, this is not a PR stunt or a purely representational task for the former midfield star. “Mr Effenberg will become a regular employee of our bank, which means, for example, that he will receive a completely normal contract and will be listed in our organizational chart as normal,” said the spokesman.

The VR-Bank is a cooperative bank that is said to have already attracted attention through some transactions in football. According to information from the news magazine Der Spiegel, the East German institute gave the heavily indebted Spanish club Atletico Madrid a loan of ten million euros.

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Effenberg becomes a bank employee

New job for Stefan Effenberg: According to information from Finanz-szene.de, the 50-year-old ex-national player will be an employee of Volksbank-Raiffeisenbank Bad Salzungen Schmalkalden in Thuringia.

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