Bundesliga: Borussia Dortmund CEO Hans-Joachim Waztke says each fanless match costs them four million euros

In Thursday's annual general meeting, held online because of the pandemic, Watzke said he fears losses of up to 75 million euros this season.

Agence France-Presse November 19, 2020 23:37:29 IST
Bundesliga: Borussia Dortmund CEO Hans-Joachim Waztke says each fanless match costs them four million euros

Borussia Dortmund and Hertha Berlin players kneel before the start of a Bundesliga match played in front of empty stands. AP

Berlin: Borussia Dortmund CEO Hans-Joachim Waztke revealed on Thursday that each home game held without fans costs the Bundesliga club four million euros ($4.7 million) in lost revenue.

Dortmund's Signal Iduna Park is the biggest stadium in Germany and can host 81,000 spectators.

Fans are currently locked out of all Bundesliga matches as part of government measures to restrict the spread of the coronavirus .

Last season's Bundesliga runners-up closed the 2019/20 financial year with a loss of 44 million euros after last season was disrupted by COVID-19 .

In Thursday's annual general meeting, held online because of the pandemic, Watzke said he fears losses of up to 75 million euros this season.

However, the Dortmund boss gave assurances that the club has "sufficient liquidity to ensure that there is no danger" to their existence.

As well as revealing the scale of lost revenue for each home game, Watzke said salary waivers for their squad and club employees has saved around 11 million euros.

Dortmund start the weekend third in the Bundesliga table having lost 3-2 at home to leader Bayern Munich before the international break.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Bundesliga: Erling Haaland nets four as Borussia Dortmund rout Hertha Berlin; Bayern Munich draw at home
Sports

Bundesliga: Erling Haaland nets four as Borussia Dortmund rout Hertha Berlin; Bayern Munich draw at home

Erling Braut Haaland netted four goals and Youssoufa Moukoko became the youngest player in Bundesliga history on Saturday as Borussia Dortmund routed Hertha Berlin 5-2 to trim Bayern Munich's lead at the top of the table to just a point.

Germany skipper Manuel Neuer warns fixture backlog has left players 'at their limits'
Sports

Germany skipper Manuel Neuer warns fixture backlog has left players 'at their limits'

"We as players should not complain, even if we have reached our limits — we're allowed to play, in contrast to many others (sports)," Neuer said.

Champions League matchday: Chelsea, Barcelona, Dortmund eye qualification to knockout stage
Sports

Champions League matchday: Chelsea, Barcelona, Dortmund eye qualification to knockout stage

Borussia Dortmund will be all but assured of a place in the knockout rounds with a second win over Belgian club Brugge