STOCKHOLM (AP) — Just two days after announcing its dissolution, Swedish women’s champion Göteborg is back.
The club received an “overwhelming” response from potential investors after announcing that it can no longer compete financially with major European teams. As a result, Göteborg will defend its Swedish league title in 2021, the club said Thursday.
The team said, however, that its long-term concerns haven’t changed. Göteborg is not linked to a men’s team and it fears that it can’t compete at the elite level when major Swedish and European clubs have started spending more money on their women’s teams.
With clubs like Lyon, Paris Saint-Germain, Juventus and others “having realized the value of women’s football … they are making large investments and have given women’s football resources that it’s impossible for us to match,” the club said Tuesday.