Each fanless match costs Dortmund €4 million: CEO

play article
Subscribers can listen to this article

Borussia Dortmund CEO Hans-Joachim Waztke revealed Thursday that each home game held without fans costs the Bundesliga club €4 million ($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 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 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.

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


We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Voting Booth
What is your favourite sport to watch on TV?
Please select an option Oops! Something went wrong, please try again later.
42% - 9895 votes
11% - 2654 votes
19% - 4475 votes
2% - 588 votes
1% - 219 votes
2% - 549 votes
5% - 1172 votes
8% - 1975 votes
3% - 802 votes
Water sports
1% - 212 votes
American sports
1% - 293 votes
3% - 757 votes