High deficit, and to Pump: RB Leipzig firing back after criticism from Frankfurt

RB-Leipzig-managing Director Oliver Mintzlaff has recommended his Frankfurter functionary colleagues, Axel Hellmann tutoring hours in terms of finances. "Mr. H

High deficit, and to Pump: RB Leipzig firing back after criticism from Frankfurt

RB-Leipzig-managing Director Oliver Mintzlaff has recommended his Frankfurter functionary colleagues, Axel Hellmann tutoring hours in terms of finances. "Mr. Hellmann can take advantage of the summer break, Yes, in Frankfurt's banking district, the links explain it and his Expertise to refresh," said Mintzlaff the "Kicker". "Contrary to this biased statements, we are not at all deficient. We generated a profit every year and also had already a positive equity,“ said Mintzlaff to do so.

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Eintracht Frankfurt's Executive Board member, Hellmann had previously criticized the financial policy of a Bundesliga competitors from Leipzig. "The business model of RB Leipzig is highly deficient and the sporting success of 'on Pump' built in," said the financial expert in the middle of June, also in the "Kicker". The Saxons had previously confirmed that they have strengthened by a debt of 100 million euros for the financial year 2018/2019, thanks to their sponsor Red Bull your equity.

Mintzlaff fears meanwhile, in the case of a voluntary salary cap on the competitiveness of the Bundesliga. "I'm not a supporter of this Salary Caps, because of too many limitations prevent a reasonable development of the product," said Mintzlaff. "It might make sense, if it would be implemented Europe-wide. If it would only be a German model, we would run the risk that we will be Top losing players, the League would be less attractive, the TV-money drop, therefore, and the clubs would international lose their importance.“

At the same time, the 44-Year-old was not committed to change the distribution key for the TV money. "Performance must be rewarded. For example, I have no problems with the fact that FC Bayern is the biggest profiteer. Because without the FC Bayern and without Borussia Dortmund, we would not achieve these results in the case of the TV money at all,“ said Mintzlaff. From the back of it, the consequences would be similar to a national go it alone when the topic of Salary Cap.

Leipzig had for a long time even with a salary cap of three million euros per player. With growing demands and a greater success of this model, however, was not feasible and moved away. After the departure of Timo Werner, Marcel Sabitzer of the Top earners with an estimated salary of 5.5 million euros per year.

Updated Date: 06 July 2020, 04:20

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