FIA Looks To Make Cars Harder To Drive More Than 400K Watch MotoGP On Sport1 Portsmouth Now Debt-Free After Takeover Nuvolari New Pro12 Broadcaster In Italy San Siro Not Enough Anymore For Milan Aluko Becomes First Female MOTD Pundit Polish FA Signs Deal With Okocim Brewery Transfers Fueled By Offshore Lending Close To 5M Watch Bundesliga On ARD Villa Owner Now Willing To Sell For $162M
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).