2.4 million loss!! - They will go bust if they carry on at that rate
Borussia Mönchengladbach have just published their accounts for 2018 at the AGM as they are required to do. It all seems a world away from the chaos in English football when you realise that wages (not just players) accounts for less than 50% of income.
When was the last time Notts spent less than 50% of income on players wages, let alone total wages?
1861?
2.4 million loss!! - They will go bust if they carry on at that rate
Interesting figures. Their Matchday Income is down over 32% and their Sponsorship Income is down over 18.5%.
They seem to rely on Transfer Income and of course TV Income but at the end of the day they are at least balancing the books. (Over the 2 seasons).
No mention of transfer fees or agents fees paid for 2 years? That can't be right.
Whilst German football finances are far better than those in England, just remember they are a top tier League club and also Germany do not have 4 and a half leagues of professional clubs to support! That's the biggest problem in England
Here's a question for you. Which European club has the best attendance record for last season?
Dortmund ?
You must have read the same article as me, Leggsy. You know that's right.
I had a feeling it was going to be a German team and I have read a few things in the past about them having huge support.
I watch abit of German football too and the crowds are always bouncing.