 By 2004, the association was a million Euros in debt and declared bankruptcy.The financially re-structured club was forced down to the Verbandsliga Nordbaden (V), but quickly recovered, and on the strength of their division championship in 2006 returned to play in the Oberliga Baden-Württemberg (IV) for a season before returning to the Verbandsliga.In June 2010, the club merged with local rival VfR Pforzheim to form the 1.