Bundesliga club ready to embrace financial transparency: 'Nothing to hide and it would give clubs much more credibility among fans'

20 May 2021

Kaenzig
Photo: Alamy "I think German football's lack of transparency compared to clubs in the other big leagues could be partly due to the ownership structure," says VfL Bochum managing director Ilja Kaenzig.

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Managing director believes clubs have an "outdated mindset" when it comes to financial disclosure.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.

Emil Gjerding Nielson and Mads Meisner nielson@offthepitch.com

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Bochum agree with criticism of German clubs' lack of transparency and are open to changing what they describe as an "outdated mindset."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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