Borussia Mönchengladbach Releases Record Results For '12, Including $20M Profit

Bundesliga club Borussia Mönchengladbach "has released its financial results for '12" in which it generated a profit of €15M ($20M), according to Karsten Kellermann of RP ONLINE. The club's revenue was €122M ($161M). In '11, Mönchengladbach had a revenue of €78M. The results, which were presented by club Managing Dir Stephan Schippers, "are a new record for the club." Schippers said, "It is a tremendous result." The club currently has 58,233 members, which are 6,000 more than the previous year. During the '12-13 season, 1.1 million attended the team's home games (one game left) at the Borussia Park, which equaled an average attendance of almost 50,000. Borussia Mönchengladbach has 280 sponsorship deals that generate €25M ($33M) for the club. In addition, team merchandise accounts for €10M ($13.2M) of the club's revenue (RP ONLINE, 4/29).