Hertha BSC Berlin To Increase Spending To $87.7M For Bundesliga Return
Newly promoted Bundesliga club Hertha BSC Berlin "will spend distinctively more money next season than it did in its last season in the top flight" in '11-12, according to the SID. The club calculates expenditures of €68.1M ($87.7M), which is about €10M ($12.9M) more than during its last Bundesliga season. Hertha Managing Dir Ingo Schiller said, "The additional money will be spent first and foremost on human resource management." The additional spending "is made possible by the increase in TV money the club will receive in the top division." Overall, expenditures of €68.1M stand opposite revenue of €69M ($88.8M). Schiller: "It's not a black zero, it's already a black one" (SID, 5/21).