2.4 million loss!! - They will go bust if they carry on at that rate
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Borussia Mönchengladbach have just published their accounts for 2018 at the AGMas 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.