The Corona-Pandemie has the football club Borussia Dortmund in the fiscal year 2019/20 that is nearing completion significant loss rocked up. Borussia Dortmund GmbH & Co. KGaA, which is listed in the SDAX, sees itself in a position to bear the losses given the good capital situation. The company announced in March that it was unlikely to make a profit.
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The Bundesliga club, which ended the season in second place and thus moves back into the Champions League, expects one for the financial year end of June Loss of 45 million euros after a profit of 17.4 million in the same period last year. Earnings before interest, taxes, depreciation and amortization (Ebitda) is expected to be around EUR 62 million after EUR 116 million previously. Of the outlook is still under reservation further after Balance sheet date Insights gained and possible further transfer proceeds.
Borussia Dortmund sees everyone in the financial year Revenue fields charged. Because Ghost games were arranged, the stadium with more than 80,000 spectators had to remain empty. Also had to Refunds of advertising revenue and Income from VIP care be performed. Last but not least, the global transfer market “almost completely came to a standstill” in the fourth quarter, the company said.
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