Borussia Dortmund Reveals New Record Revenue For First Half Of '12-13 Season
Bundesliga club Borussia Dortmund "has released its financial numbers for the first half of the '12-13 season and announced a new revenue record," according to BILD. The defending Bundesliga champion "has increased its revenue" by 22.4% to €124.1M ($165M) from July 1-Dec. 31 in comparison to €101.4M at the same time last year. Dortmund "also increased its profit before taxes" from €16.7M to €17.5M ($23.3M). The company profit, due to stadium depreciation, totals €14.2M ($19M) in comparison to €12.8M last season. Borussia Dortmund CEO Hans-Joachim Watzke said, "The numbers that we released today are a continues proof of the growing economic strength of the BVB. Our core principal will continue to be: sustainability before quickness" (BILD, 2/25).