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' Crystal Palace Takeover Talks Break Down Mexico, Germany Could Host NFL Games Sony Renews Champions League Backing DHB Expects Sponsorship Increase Berlin ePrix Sells Out Hospitality On-Track Success Key For Ferrari IPO
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
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).