Sky Sets New Ratings Record Clubs Looking At New Finance Models Ligue 1 Chooses GoalControl System AS Roma In Talks To Buy Polish Club French Open Expansion Remains On Hold Platini Speaks Out Against Blatter German Gov't Supports Hamburg Bid DTM Pushes Cooperation With Super GT Ecclestone, HMRC At Odds Over Tax Bill UEFA President Platini: FFP 'Here To Stay'
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/November 7, 2012/Finance
Bundesliga Club Werder Bremen Announces $17.8M In Losses For Fiscal Year '11-12
Published November 7, 2012
FORTUNE FOR FORTUNA: GOAL.com's Jan Schultz reported that Bundesliga club Fortuna Dusseldorf "generated a positive financial result for the first time in 16 years." Team CFO Paul Jäger "announced a profit of €800,000 ($1M) in front of more than 1,000 club members." Jäger said, "For the first time in a long time, the club again has positive assets of €63,988.04 ($81,900)" (GOAL.com, 11/6).
IN HIGH DEMAND: Bundesliga club Hamburg SV "will increase the subscription volume of its successful fan bonds by an additional €5M ($6.4M)." The initial fan bonds to finance a new youth campus with a subscription volume of €12.5M ($16M) "have been sold out after only 17 days." Starting on Nov. 15, the club "will issue a new set of fan bonds" (SID, 11/5).