VfL Bochum reports lavish profit in the millions

VfL Bochum closed the 2021/22 financial year with a profit of 5.8 million euros. The Bundesliga club announced this at its annual general meeting.

Income of 65.7 million euros contrasted with expenses of 59.9 million euros. “We are aiming for sales of more than 100 million in the future. This is the only way we can close the gap to our competitors in the Bundesliga,” said Ilja Kaenzig, spokesman for the management.

For the current financial year, VfL anticipates an increase of EUR 9.8 million on expected earnings of EUR 82.4 million. The main reason for the increase is record transfer income of 16.4 million euros.

For World Cup participant Armel Bella-Kotchap (FC Southampton) alone, Bochum received around eleven million euros in the summer. The departures of Maxim Leitsch (Mainz), Sebastian Polter and coach Thomas Reis (both Schalke) brought in further income.

At the end of the current financial year, the debt should be reduced to 4.7 million euros. “We will have repaid liabilities of eight million euros from 2021 to mid-2023,” said Kaenzig.

In addition, a loan of 5.4 million euros granted by the Kreditanstalt für Wiederaufbau (KfW) during the Corona crisis must also be reduced.

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