German Football Association: Twenty Million Euro Profit

The German football Association (DFB) has achieved in the year 2019, with a profit of 19.5 million euros after taxes. This is the DFB announced on Friday in Fra

German Football Association: Twenty Million Euro Profit

The German football Association (DFB) has achieved in the year 2019, with a profit of 19.5 million euros after taxes. This is the DFB announced on Friday in Frankfurt. Revenue in the amount of 405,2 million euros, compared with last year had a spending 385,7 million euros. "The result is an extremely pleasing result, although the 2019 Event of the year," said Treasurer Stephan Osnabrügge. "The DFB is economically healthy."

thanks to the positive balance of the equity of the largest specialist sports Association in the world in the previous year, grew by around € 19.5 million to 169.6 million Euro. The equity ratio is 45 percent.

in the light of the Corona-crisis, by which the DFB expected this year, currently losses of around 16 million euros, fins Surpluses entirely in the reserves of the Association. These currently amount to 139 million euros. "Extreme frugality is the need of the hour," said Osnabrügge. In spite of the Coronavirus pandemic, but "given the liquidity of the DFB without restriction".

Largest source of revenue in addition to the sponsorship, the flushed, almost 126 million Euro in the Association's funds, the DFB Cup, with a revenue of close to EUR 96.5 million euros. Third revenue pillar is the game of the national team, was achieved in the previous year, proceeds of 69.5 million Euro.

Date Of Update: 03 July 2020, 08:19

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