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SBD Global/June 24, 2014/Finance
Bundesliga Side Hamburg SV Announces Loss For Fourth Consecutive Season
Published June 24, 2014
LOST SEASON: 3-LIGA reported German 3rd League football club Energie Cottbus will lose €1.6M ($2.18M) "due to its relegation from the 2nd Bundesliga." The club will lose out on €800,000 ($1.09M) from TV rights, €300,000 ($410,000) in sponsorships and €500,000 ($680,000) in overall revenue (3-LIGA, 6/23).