Football

Borussia Dortmund make record profit

Published Add your comment

Football News
24/7

Bundesliga club Borussia Dortmund made a club record profit of £46 million last season without winning a single trophy, according to the London Evening Standard. 

Last season's Champions League runners-up finished second in the title race and reached the German Cup final but failed to win a trophy. However Dortmund, who were on the brink of financial collapse eight years ago, had a turnover of £261 million by June 2013. 

The previous season had still seen impressive profits of £30 million but the Westfalenstadion club increased this year's profits by £16 million coupled by a very respectable season on the pitch. 

Chief Executive Hans Joachim Watzke is clearly pleased with the financial success and believes the stability gained from such profits will only help the footballing progress within the club. 

"We succeeded to couple sporting with financial success. What is important is above all the sustainability of the sporting development," he said. 

Compare these figures to Premier league clubs and there is no comparison. At the end of June 2012, Arsenal made profits of £29.6 million but were way ahead of any other English club. 

Dortmund are the only publicly-traded Bundesliga club on the German stock market and it seems the adversity of 2005, when Bayern had to lend the club £1.7 million to pay their players, is far behind them. 

The Bundesliga club are still a way behind their rivals Bayern who not only stole all the trophies from the clutches of Dortmund last season, but also managed to secure profits of £319 million in June of this year. 

Write for GiveMeSport! Sign-up to the GMS Writing Academy here: http://gms.to/130seMa

DISCLAIMER: This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
Borussia Dortmund
Football
Bundesliga

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author

DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again