Football: Eintracht makes a big minus: equity is almost used up

Despite the Europa League triumph, Eintracht Frankfurt made another big loss last season.

Football: Eintracht makes a big minus: equity is almost used up

Despite the Europa League triumph, Eintracht Frankfurt made another big loss last season. The Hessians recorded a loss of 31.9 million euros after taxes in the 2021/22 season. "This is due to the corona because 13 of 17 Bundesliga home games and four of six home games in the Europa League could only take place with limited capacity," said Frankfurt CFO Oliver Frankenbach on Tuesday. In the previous season, the Bundesliga club had already made a loss of 36.1 million euros.

After all, sales have increased again - from 160.4 million in the first Corona year to 248.4 million euros. This is the second highest value in the club's history after the record turnover of 278.1 million euros in the 2019/20 season. Eintracht received 106.2 million euros from TV marketing alone.

The club's equity dropped to 5.9 million euros. This corresponds to a rate of only 4.1 percent. The debt increased from 46.3 million to 62.9 million euros. "Of course we got into debt during the pandemic. We will try to reduce this debt and create a balance between equity and debt," said Frankenbach.

Thanks to participating in the Champions League for the first time, there could be a slightly positive result in the upcoming season. "I think we came out of the corona pandemic with a black eye," emphasized Frankenbach.

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