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Bundesliga: Borussia Dortmund expects loss of up to 45 million euros

Borussia Dortmund expects a shortfall of 45 million euros for the 2019/20 financial year. “The expected figures are to be seen as a direct impact of the Covid 19 pandemic, which has affected all revenue and revenue fields,” said a statement. That BVB is now in the red is also due to the lack of ticket revenue.

The runner-up has the largest stadium in Germany with a total capacity of 81,365 spectators. The Dortmund team had already announced in early March that the lack of revenue from the ghost games would be drastically reflected in the BVB balance sheet. There were negative effects “between 2.5 and 3.0 million euros per game day affected,” said the club at the time. Five ghost games have taken place in Dortmund since the restart.

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It is also important that “the global transfer market came to a complete standstill in the fourth quarter”. The transfers have an enormous impact on the balance sheet of a financial year. While Borussia Dortmund has regularly generated significantly more money from sales than from player purchases in recent years, the transfer balance sheet is down this season. Borussia Dortmund bought players for around 150 million euros. The income from sales was around 125 million euros.

However, the listed club appeased: “Due to the good earnings situation in recent financial years” and “existing group equity of around 355 million euros as of June 30, 2019”, Borussia Dortmund is prepared to bear the expected losses.

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