Bundesliga club ready to embrace financial transparency: 'Nothing to hide and it would give clubs much more credibility among fans'
20 May 2021
VfL Bochum, who have just secured promotion to the Bundesliga, agree with criticism about the lack of financial transparency in German football.
Managing director believes clubs have an "outdated mindset" when it comes to financial disclosure.
Increasing transparency would make teams that are already "among the best managed in Europe" more disciplined in their actions.
New Bundesliga side VfL Bochum agree with criticism of German clubs' lack of transparency and are open to changing what they describe as an "outdated mindset."
"We should definitely as a club look into being even more financially transparent than we already are. The timing is also perfect if you look at all the work being done in the DFL [German football league] towards financial sustainability," says Bochum's managing director, Ilja Kaenzig.
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