If the last home game of the first half of the season against Bayern Munich, which is always an important factor for us, had not taken place in early January, but last year, we would have completed the financial year with a black zero.
Since the financial year always includes the calendar year and not the season itself, a not insignificant marginal note that the last home game of the first half of the season (16th matchday) would not have achieved a negative result. Despite a difference of 19 million euros in the transfer income and more than 3 million fewer income from TV funds, sales fell “only” by 15 million euros, since “in the sectors advertising income (+1.9 million euros), gaming income (+2.2 million euros) and trade (+2.7 million euros) could be generated significantly more income”. As a result, you manage to wider and improve earnings in terms of earnings without major sales.
Even if Manu Koné’s transfer falls in 2024, it is after Official information about a loan with obligation to buy. Only the people involved know when this will reach and how it is booked.
With an equity ratio of “good 25 percent (…) behind SC Freiburg about the second largest equity of all independent Bundesliga clubs who have no investor or shareholder”.
Furthermore, their stadium was paid out completely in 6 years (2031) and, like only four other Bundesliga clubs, continues to be possible for his stadium without name sponsor (St. Pauli, Kiel, Union, Bremen – Werder is actively looking for a sponsor).
Renewals (floodlights, IT, turnstile, roof foil, corrosion protection) are already planned – also budgetary.
The bottom line is that for me personally sounds at least much more positive than the short article suggests.