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FinAnCeS And LiCenSing l Sound And weAtHerprooF<br />

obviously, given the current economic<br />

downturn, the Bundesliga clubs cannot take any<br />

continuation of such a dynamic development<br />

for granted. however, if there is one thing that<br />

does give German professional football reasons<br />

to be upbeat about the future, then it is the fact<br />

that income will continue to flow from three<br />

almost equally important sources – match-day<br />

takings, advertising income and the exploitation<br />

of media rights, jointly accounting for more than<br />

three quarters of total revenue. this means that<br />

professional football in Germany stands on a<br />

firm and broad foundation and is not overly<br />

dependent on any single stream of income.<br />

cLuBs cAn Afford to invEst<br />

in PLAyErs<br />

Looking at the investments made, two items<br />

showed a particularly marked increase – payroll<br />

costs for match operations, consisting of the<br />

wages for players and managers (up 20.7 per<br />

cent) and player transfers (up 23.8 per cent).<br />

following several years of restraint and encouraged<br />

by a healthy flow of income, the 36 clubs of<br />

the Bundesliga and Bundesliga 2 adopted slightly<br />

Diego Ribas da Cunha<br />

the 23-year-old Bremen<br />

midfield schemer is one<br />

of the german league‘s<br />

undisputed stars and<br />

scored the ‘goal of the<br />

Year 2007’, an awe-<br />

in spiring strike from<br />

almost 70 yards.<br />

wiLLing to inVeSt<br />

Bundesliga – transfer costs in ¤ ‘000<br />

200<br />

150<br />

100<br />

140,336<br />

04/05<br />

bolder spending patterns prior to and during the<br />

2007/2008 season, wisely refraining from living<br />

beyond their means, though. And there’s no doubt<br />

that the addition of stars of the calibre of Luca<br />

toni and franck ribéry to fc Bayern Munich‘s<br />

squad has added a lot of sparkle to the league.<br />

+ 17 %<br />

year-on-year<br />

05/06<br />

143,805<br />

06/07<br />

164,480<br />

192,359<br />

07/08<br />

StAte oF tHe BundeSLigA diViSionS SuBSidiArieS BundeSLigA-StiFtung LiCenSed CLuBS FACtS & FigureS<br />

on the other hand, transfer revenue has seen<br />

a striking increase of 67 per cent in the Bundesliga<br />

and even 125 per cent in the Bundesliga 2.<br />

this goes to show that professional football<br />

in Germany produces more and more sought-<br />

after players who ‘sell’ for high fees on the transfer<br />

market. Looking at the 2007/2008 season,<br />

cases in point are Miroslav Klose‘s move from<br />

werder Bremen to fc Bayern Munich and owen<br />

hargreaves’ transfer from fc Bayern Munich to<br />

Manchester united to name but a few.<br />

thanks to their prudent budgeting, the clubs<br />

of the Bundesliga and Bundesliga 2 managed to<br />

reduce total liabilities and provisions to ¤ 571.6<br />

million in the 2007/2008 season, the lowest figure<br />

in the past four years, and a decrease by 4.7 per<br />

cent compared to the previous season. Liabilities<br />

due to banks, which stood at ¤ 117.3 million on<br />

30 June 2005, were reduced by an impressive<br />

63 per cent to ¤ 43.3 million as at 30 June 2008.<br />

As at the balance sheet date (30 June 2008),<br />

the 18 Bundesliga clubs‘ total assets exceeded<br />

liabilities by ¤ 430 million. including the Bundesliga<br />

2’s total net assets of ¤ 75 million, net<br />

assets of licensed football total more than half<br />

a billion euros.<br />

Boom in trAnSFerS<br />

Bundesliga – transfer revenue in ¤ ‘000<br />

150<br />

90<br />

30<br />

04/05<br />

47,839<br />

+ 66.5 %<br />

year-on-year<br />

05/06<br />

92,489<br />

06/07<br />

reduCing deBt Liabilities in ¤ ‘000<br />

2008 469,453<br />

2007 510,323<br />

2006 569,341<br />

2005 535,292<br />

77,463<br />

0 100,000 200,000 300,000 400,000 500,000 600,000<br />

128,993<br />

07/08<br />

ProfEssionALisAtion of BundEsLiGA 2<br />

wELL on coursE<br />

the development of the financial situation in the<br />

Bundesliga 2 was so encouraging that earnings<br />

reached a new dimension in the 2007/2008<br />

season – for the first time, the average income<br />

per club surpassed ¤ 20 million. Equally, for the<br />

first time in four years the Bundesliga 2 was able<br />

to raise its share in total revenue generated by<br />

licensed football to 19 per cent. this roughly corresponds<br />

to the share paid out to the Bundesliga<br />

2 clubs from the revenue generated from the<br />

central marketing of media rights, which in the<br />

2008/2009 season are allocated in keeping with<br />

a distribution key of 80:20.<br />

compared to the previous season, payroll<br />

costs for match operations in 2007/2008 rose<br />

by more than 31 per cent, averaging ¤ 8.8 million<br />

per club. while this signals an all-time high, it is<br />

somewhat reassuring to know that this figure<br />

still remains below the increase in total revenue.<br />

in a way, it also reflects the line adopted by<br />

the likes of Borussia Mönchengladbach, 1899<br />

hoffenheim and 1. fc Köln, all of whom made<br />

considerable investments to achieve promotion,<br />

a risk well taken in all three cases. And last but<br />

50 BACK BundEsLiGA rEPort 2009<br />

BundEsLiGA rEPort 2009 51

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