Frankfurt - Statement by League Association Licensing Committee chairman Harald Strutz pertaining to MSV Duisburg's appeal against the non-issuance of a Bundesliga 2 operational license for 2013/14:

"The Court of Arbitration verdict has confirmed the ruling of the Licensing Committee that the documentation provided by MSV Duisburg within the term of preclusion did not provide sufficient evidence of coverage for the ascertained liquidity shortfall. The Court verdict thus also serves to confirm the League Association's consistent adherence to procedure in the licensing process. The disappointment felt by the MSV Duisburg management and support is clearly understandable. But the onus is on the League Association board, and above all the Licensing Committee, to take action in accordance with our statutes in order to ensure fair competition and fulfil our obligation of solidarity towards the club collective.