We will be okay. Report even mentions we are in better position than most to withstand one missed year. Italian clubs are falling like stones. In 2011 they had 5 in the top 10 and 7 in the top 20. Now just 1 in the top 10 and tenth at that and 4 in the top 20. FCB is just a runaway financial freight train at this point.
I think United have everybody beat despite coming in 2nd. To grow your revenue and build that long-term stability WITHOUT CL football speaks enormously about their brand and negotiating power. Madrid despite winning the CL and coming first wasn't able to extend the gap. The broadcast rights in Spain is going to hurt them a little bit more every year.
United have done very well, but remember these numbers reflect their participation in the CL. It will be next years results that reflect no CL. This year they had an increase in CL payout and the huge step up from the new EPL tv deal. English teams now make up 15 of the top 30. That is likely to increase when the next deal is negotiated. I agree with you on Madrid.
Report out from ODDO Seydler Bank AG. It takes a look at our odds of getting a European or CL spot. IF we fail to obtain at least 6th they estimate a revenue shortfall of at least 40mln. http://aktie.bvb.de/eng/BVB-Share/Capital-Market-View
Borussia Dortmund announces preliminary results for the first half of the fiscal year 2014/2015 Borussia Dortmund GmbH & Co. KGaA / Key word(s): Half Year Results/Preliminary Results 20.02.2015 10:00 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Borussia Dortmund GmbH & Co. KGaA announces preliminary results for the first half of the fiscal year 2014/2015 (July 1st until December 31st, 2014): Group revenues increased by 10.1% in the first half-year. According to International Financial Reporting Standards (IFRS) the Borussia Dortmund Group profit in the first half-year 2014/2015 amounted EUR 3,7 m. (previous first half-year EUR 8.2 m.). The decline in earnings is mainly due to the full repayment of all credit liabilities of the Group and the related costs incurred for compensation for early discharge and the redemption of credit hedging transactions totaling approx. EUR 4.3 m. Earnings before taxes, interest, depreciation and amortization (EBITDA) amounted EUR 30.7 m. (previous first half-year EUR 26.7 m). Group Earnings before taxes and interest (EBIT) were EUR 10.1 m. (previous first half-year EUR 11.6 m.). Group revenues increased by EUR 13.7 m. or 10.1 % compared to the previous first half year to an amount of EUR 150.3 m. (previous first half-year EUR 136.6 m.). Personnel expenses changed to EUR 56.6 m. (previous first half-year EUR 52.2 m.). Depreciation and amortization resulted in EUR 20.6 m. (previous first half-year EUR 15.1 m.). Other operating expenses amounted EUR 53.9 m. (previous first half-year EUR 48.0 m.) in the report period. The financial result amounted EUR -6.5 m. (previous first half-year EUR -1.9 m.), the tax result amounted EUR 0.1 m. (previous first half-year EUR -1.4 m.). Borussia Dortmund GmbH & Co. KGaA recorded in the first half of the fiscal year 2014/2015 earnings before interest and taxes (EBIT) in an amount of EUR 2.5 m. (previous first half-year EUR 6.4 m.). Earnings before taxes (EBT) amounted EUR 2.1 m. (previous first half-year EUR 9.4. m.) and the semi-annual result amounted EUR 1.7 m. (previous first half-year EUR 7.9 m.) in the report period. http://aktie.bvb.de/eng/IR-News/Ad-...r-the-first-half-of-the-fiscal-year-2014-2015
Borussia Dortmund announces preliminary results for the fiscal year 2014/2015 Borussia Dortmund increased group revenues by 5.9% to 276.0 m. and EBITDA by 13.2% to EUR 55,6 m. In the past financial year (1.7.2014 - 30.6.2015) the Borussia Dortmund Group recorded consolidated revenues of EUR 276.0 m. (previous year EUR 260.7 m.) despite of the early elimination in the round of the last sixteen in the UEFA Champions League season this year and the missing of a subsequent qualification for the group stage of UEFA Champions League in the season 2015/2016. 21.08.2015 Ad-Hoc News Borussia Dortmund announces preliminary results for the fiscal year 2014/2015
It looks like our stock price dropped after the announcement. Goes to show that most investors aren't football fans.
Not particularly thrilling results considering that the YoY difference was driven by transfers (Lewy) and the insurance payout for missing the Champions League (big hit to FY15-16 revenue).
Yearly financial report is now available on the website. Finished the year with 53.74mln Euros in cash on hand. That's a fantastic number. For context Arsenal the gold standard just saw their balance increase to 310mln or 175mln if you back out debt service and prior player purchases like they want. ManU has 89mln. I will try and inquire about FCBs. (source: swiss ramble) EBITDA was 56mln. Arsenal was 87mln. BVB equity ratio improved to 74%. That's it for now still ploughing thru it.
@Berchtesgaden, thanks for the update, as always. But if I had to estimate Bayern's current cash on hand, it'd probably be upwards of 90mil. They've had great growth and have spent relatively little IIRC.
Apparently much larger. 375 large according to @Bazi who is knowledgeable on such matters Although far behind Bayern our numbers are still very good when compared to almost all other clubs.
Cash on hand, as in lying in the bank accounts, is significantly lower than 375million but capital reserves and retained income amount to that much according to the report at last year's annual general meeting. Plus cash reserves have been said to be significantly higher than € 100 million.
Well, I am behind on posting. This info might already have been discussed. First, we extended with Champion Partner Brinkhoff's until 2023. "It is no secret that other breweries have also come knocking on our door and signalled their interest in a cooperation with us. Personally I am delighted that two brands from the region - Borussia Dortmund and Brinkhoff's No. 1 - will work together closely in the future," emphasised Hans-Joachim Watzke, Borussia Dortmund's CEO Second, we reported Q1 earnings. Borussia Dortmund increased Group revenues by EUR 20,0 m. (i.e. 28,6%) to EUR 90.0 m. (previous year EUR 70.0 m.) in the first quarter (July 1st until September 30th, 2015) of the fiscal year 2015/2016. EBITDA of the Borussia Dortmund Group amounted EUR 13.9 m (unchanged to the previous first quarter). Group Equity totalled EUR 280.4 m. on September 30th, 2015; this corresponds to an equity capital ratio of 67.1 %. Group cash and cash equivalents amounted EUR 47.6 m. as of that date. In addition to extending with Brinkhoff's, numerous other firms were added or extended as partners. New: Aral Aktiengesellschaft, Mbe Mailboxes etc Ekoue Aziaba, Bad Apotheke. Extended or enhanced: Salzenbrodt Gbmh, SPREHE Geflugel and Champion Partner Hankook.
Another great Swiss ramble piece. Bundesliga analysis In Germany, the situation is even worse, as Bayern Munich are in a league of their own. Despite a dip in revenue in 2015, due to a decrease in commercial income, Bayern’s €474 million is nearly €200 million more than Borussia Dortmund’s €281 million with Schalke 04 another €61 million behind. Incredibly, there is then a further €100 million difference to the closest German clubs, namely Hamburg and Stuttgart. Since 2009 only Dortmund have managed to keep pace with Bayern, at least in terms of growth: €175 million vs. €184 million. In the same period, Schalke only grew by €95 million, while Stuttgart’s revenue was flat and Hamburg’s actually fell. Edit: forgot the link http://swissramble.blogspot.com/2016/02/money-league-oh-you-pretty-things.html?m=1
Sometimes I have this recurring fantasy in which Bayern Munich dissolves as a club. The league would be much more competitive and interesting that way.
As a frenchman, seeing the french football summary and watching our medias laud PSG for their "achievements" ticks me off. With that gap, what they're doing is the bare minimum. Hopefully the BL won't ever be quite as bad.
It might be worth adding that the two company owned clubs Wolfsburg and Leverkusen no longer announce their revenues and they should be somewhere around or a little below Schalke's. Wolfsburg's revenues were estimated to be in the 200M range without CL football.
My hope is Hamburg, Berlin and Frankfurt get their stuff together and become decent clubs. Hamburg before this year was always top 20 with terrible on field efforts
I don't know French teams well at all. Any other club in Paris or elsewhere that might grow or someone would buy to make them compete better with PSG?
Other clubs in Paris, or in the whole Ile-de-France region, are irrelevant. 1 club from Paris and 2 from the region play in the second division, the parisian club have a huge project but absolutely nobody cares (somewhere around a few hundred people watch them play), the 2 suburban clubs are either irrelevant (Créteil) or not driven by money (Red Star, which is a popular but small club). On the relevant clubs on a national level, Lyon recently got a big stadium (which is also the reason they lost most of their shine, they needed the money to pay for it and so the sporting side paid dearly) so I don't expect them to do anything for a while. Marseille is in shambles on every front and Monaco became a seller club without much care about the sporting side (just enough to hold on the CL, really). The league is a mess.
I would not be surprised by this. There is a limit to how far commercial revenue can grow. Eventually bayern's revenue growth will slow and BVB will catch up if the management continues to make the smart decisions they've been making over the past 8 years.