Analysis: Bundesliga recorded lowest net losses among ‘Big Five’
Alamy | Union Berlin players celebrate with fans securing Europa League spot
DFL have just published the financials for Bundesliga clubs covering the 2020/21 season, a year after the season ended.
The Bundesliga had the lowest net losses among the ‘Big Five’ leagues. Among German clubs, Union Berlin stand out, punching above their weight by finishing seventh in the league with the second-lowest wage bill.
Why it matters: The Bundesliga and many of its clubs claim to be at the vanguard of sustainability in football. But compared to many other leagues in Europe, they lack financial transparency.
The perspective: CFOs in football will tell you how difficult 2020/21 was financially – so how did the ‘most sustainable league in Europe’ fare?
3 June 2022 - 12:56 PM
Earlier this week, the German football league DFL announced that clubs in the Bundesliga and Bundesliga 2 will add sustainability to their licensing criteria, implementing this fully in 2024-25 and “committing to sustainability in ecological, economic and social dimensions”.
Ambiguously, and in stark contrast to the fine words, the DFL waited a year after the season had been concluded to reveal key financial figures of all Bundesliga clubs in the 2020/21 season.
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