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Second Bundesliga Side St. Pauli Reports Profit Of Close To €2M For '13-14 Season

Second Bundesliga club FC St. Pauli "has released its financial numbers for the '13-14 season," according to Buttje Rosenfeld of the HAMBURGER MORGENPOST. The club generated a profit of close to €2M during the previous season. The profit of €1.86M was less than during the '12-13 season in which the club reported a profit of €2.56M. FC St. Pauli President Stefan Orth said, "Good news has become a regular occurrence -- it almost becomes boring ... " In the four-and-a-half years under Orth's leadership, the club generated a total of €14M in pre-tax profits (HAMBURGER MORGENPOST, 10/24).

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