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How (un)profitable are German soccer clubs?⚽️🇩🇪 The DFL has released the income statements of all 36 Bundesliga teams for the 22/23 season. Below are the numbers for the teams that played in the 1st division. Key facts: - 16 profitable - 16 lost money - 2 teams broke even (Leverkusen and Wolfsburg) Highest revenues: - Bayern: 812 mio € - Dortmund: 498 mio € - Leipzig: 396 mio € The average profit margin for Bayern is about 4%, comparable to the aerospace and defense industry (5%). The average profit margin across all public markets is 8.5%. If you want to know why Union Berlin and Freiburg have higher profits than Dortmund and Leipzig despite having significantly lower revenues, listen to this week's episode of our Weekly Sports Business Briefing. Follow me (Mark A. H.) for more content on sports business, athlete stories + my entrepreneurial take. Behind the Athletes Podcast Moritz Gessl Pia von Nell
Have you ever thought about the fact that profit is not the top goal in the pyramid of objectives of a football club and that achieving a profit or loss does not have the same significance as it does for a company in the aerospace or defence industry?
Very interesting! By the way: The reason Leverkusen and Wolfsburg exactly broke even is because Bayer and VW even out their losses or take their profits
I think some of them need to urgently look into FANtium 😉
Other topics this week are: - Mbappé deal - Augsburg sale - The Super Bowl for track and field - EURO in Germany 🎙️You can listen to all of that here: https://open.spotify.com/episode/3Dzo8YfR1PfGQUT7Ag20W6?si=17f60e35f21742ea
I'll definitely listen to it, I'm very curious to find out more. For Union and Freiburg it's probably participation in the international competitions, but I'll find out in the podcast ;-)
Above are the numbers for the teams that will play in the 1st division 24/25…. 😢
'Always building' I Follow for posts about sports business & entrepreneurship I Tech Entrepreneur, Sports Business Expert & Podcast Host
1mo🎤 Link to Podcast: bta-pod.com