Cho Yang-Ho Named New Head Of POCOG Liverpool Considers U.S. A Growing Market Hangin' With ... Yannick Colaco Commentator Leaves After Ban Of Wife Star Sports Records Top Ratings For PKL VCF Foundation Approves Of Valencia Sale Executive Transactions Names In The News Man Files Lawsuit Over CR7 Trademark FIFA Vows To Monitor Qatar WC Workers
SBD Global/July 25, 2012/FinancePrint All
Bundesliga club VfB Stuttgart revealed it "made a small profit" after its '11 balance sheet was unveiled at the Mercedes-Benz-Arena on Tuesday, according to the DPA. The club generated €117M ($141M) in revenue, and took home a profit of €71,000 ($84,000) in '11. In '10, Stuttgart generated a slightly higher revenue of €118M ($142M), but suffered a loss of €2.2M ($2.6M). VfB Stuttgart President Gerd Mäuser said, "We are financially in good shape." Mäuser also said that "the club can only stay competitive if it continues to develop young talents, which it can sell to competitors later on" (DPA, 7/23).