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Second Bundesliga Club Kaiserslautern Reports €812K Profit For '14-15

Second Bundesliga club FC Kaiserslautern reported a profit of €812,000 for the '14-15 season, according to the DPA. The club was able to reduce its negative capital to €864,000 because of the profit. The club expects a loss should it remain in the second division. If Kaiserslautern gets relegated to the 3rd League, the situation would become dramatically worse. The purchase of the Fröhnerhof property, where the club's youth academy is located, increased Kaiserslautern's capital assets from €2.627M to €7.822M. Club Finance Dir Fritz Grünewalt "stressed the importance" of the property purchase (DPA, 12/12).

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