Menu
Finance

Bundesliga Side Hertha Berlin Reports Profit Of €13.4M During '13-14 Fiscal Year

Bundesliga side Hertha Berlin "recorded a profit for the first time in several years," according to the SID. The club, which currently ranks 14th in the league table, generated a profit of €13.4M in the fiscal year ending June 30. The positive result "is largely due to investment of finance investor KKR, which acquired a 9.7% stake in the club back in January." The results show overall revenue of €104.3M, including the €30M from KKR. Hertha received a total of €21M from TV and radio broadcast rights. On the expenditure side, the club spent €90.9M in '13-14. The two biggest posts are club and administrative staff wages (€40M) and player salaries (€30M). In addition, the club was able to reduce its liabilities by €12.41M to €24.38M (SID, 11/10).

ADDITIONAL SECTIONS
PODCASTS

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.
SBJ TV

Sports Media Podcast April 24 Whos Up Whos Down

4 mins

Sports Media Podcast April 17 2024 The Big Get Molly Solomon

5 mins

Sports Media Podcast March 27 2024

29 mins

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/11/12/Finance/Hertha-BSC.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/11/12/Finance/Hertha-BSC.aspx

CLOSE
You have 1 article remaining this month.

Register for a free SBJ account to unlock one extra article per month.

© 2024 Leaders Group. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Leaders Group.