VW-owned Wolfsburg faces cost cuts despite Bundesliga survival


Football Soccer - Eintracht Braunschweig v VFL Wolfsburg - Bundesliga Relegation Playoff Match Second Leg - Eintracht-Stadion, Braunschweig, Germany - 29/5/17 Wolfsburg's Mario Gomez celebrates with coach Andries Jonker as he is substituted Reuters / Fabian Bimmer Livepic

BERLIN (Reuters) - Vfl Wolfsburg, the football team owned by Volkswagen , faces cost cuts next season after retaining its place in Germany's Bundesliga with victory in a playoff on Monday night.

VW subsidises its local club Wolfsburg to the tune of about 90 million euros (£78.1 million) per season even as Europe's biggest carmaker grapples with billions of charges for its diesel emissions scandal which broke in September 2015.

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