Borussia Dortmund expects annual loss for 2022-2023 season

Financial outlook

German football club Borussia Dortmund has revised its financial outlook for the 2022-2023 season, projecting an annual loss for the group between €35 million and €45 million. This is a significant change from the club's previous forecast, which anticipated a profit of €30 million to €40 million.

Reasons for the revised outlook

Borussia Dortmund cited several factors contributing to the revised financial outlook, including:

• Increased player salaries and transfer fees
• Reduced matchday revenue due to the ongoing COVID-19 pandemic
• Unfavorable exchange rate fluctuations

The club also noted that it has made significant investments in its squad and infrastructure in recent years, which has impacted its financial performance.

Investor relations

Borussia Dortmund maintains an investor relations webpage (BVB Share) where it provides financial information and updates to shareholders. The webpage is available online at aktiebvb.de or www.bvb.de/aktie.