Financial Report: Pandemic wipes out three quarters of revenue growth for Dortmund

17 August 2020

Watzke
Photo: PA Images Dortmund's chief executive, Hans-Joachim Watzke, cannot be satisfied with this year's results. The club's net loss reached €44 million compared to a profit of €17.4 million in the 2018/19 season, their just-released financial report has revealed.

The club recorded a 6.3 per cent increase in revenue for the first three quarters of the season but it declined by 25 per cent in the final three months.

Net loss reached €44 million compared to a profit of €17.4 million in the 2018/19 season, their just-released financial report has revealed.

Transfer income was significantly down while wages went up by €10.1 million.

Emil Gjerding Nielson nielson@offthepitch.com

Dortmund's 6.3 per cent revenue growth in the first three quarters of 2019/20 was wiped out in the final three months of the season due to the coronavirus pandemic, the German club's financial report has revealed.

Accordingly, revenue declined by 25 per cent in the final quarter compared to the quarter the year before. Revenue thereby remained virtually level with that of the 2018/19 season at €370.2 million compared to €370.3 million.

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