footyfan
Calma, calma
If Ciro is already half-German he'll be an ideal fit in a team that is built around überdeutsch players like Błaszczykowski, Piszczek, Jojic, Subotic etc
Hitler is unimpressed with this comment.
Borussia Dortmund
- Thread starter Barcaman
- Start date
Hitler is unimpressed with this comment.
Alik
Moderator
More than makes up for it.
DennyCrane
Senior Member
Dortmund sponsor Evonik have extended their deal with the club. The contract expires 2025 and will bring Dortmund 18 mil € per year plus incentives. On top of that, Evonik bought 9 % of the shares of the BVB PLP which will bring them roughly 25 - 30 mil € on top of that. The BVB PLP also changed their association articles to make it possible to get another external sponsor as well, although it might also be that Evonik acquires this package as well.
The range of the entire deal should therefore equal roughly 300 mil €.
The range of the entire deal should therefore equal roughly 300 mil €.
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DennyCrane
Senior Member
It's embarrasing in comparison really; punctuates just how much Barca sold under value.
Looking at the positives though, this deal will put BVB on the map for real. Dortmund was on a solid financial grounding before, but their wage structure wasn't really that of an elite club which will most likely change in the future. Competitiveness of the Bundesliga should increase as well which wil add to the 'amenity' of the league as a whole. Clubs who thought they could lure away players there for cheap in the future can now officially go to hell. Needless to say I applaud this decision by the BVB board in every respect
Looking at the positives though, this deal will put BVB on the map for real. Dortmund was on a solid financial grounding before, but their wage structure wasn't really that of an elite club which will most likely change in the future. Competitiveness of the Bundesliga should increase as well which wil add to the 'amenity' of the league as a whole. Clubs who thought they could lure away players there for cheap in the future can now officially go to hell. Needless to say I applaud this decision by the BVB board in every respect
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onzeXI
New member
@DennyCrane - great user name.
The fans on the BVB forum think it's a foolish deal since the Bundesliga will be on Fox in the U.S. starting next year ... meaning much more exposure and popularity equating to more financial opportunities in the near future. Locking in for 10 years does seem like a questionable move at this point.
The fans on the BVB forum think it's a foolish deal since the Bundesliga will be on Fox in the U.S. starting next year ... meaning much more exposure and popularity equating to more financial opportunities in the near future. Locking in for 10 years does seem like a questionable move at this point.
DennyCrane
Senior Member
Well, it all depends on how optimistic you are and how you rate Dortmund's competitiveness at the moment. To me, BVB is "only" a rising star trying to get a foot in the door, with a focus on long term development. They could avoid the big bargain-sale despite the low wage structure up to this point mostly because of their stubbornness and very specific club culture, but there's no guarentee they might be able to do it in the future as well without this deal, so I see it as a necessary cash infusion. From here on out, BVB's first step is to get themselves into a position where they can compete with other elite clubs concerning the wages, being able to bind players with economic power alone. Maybe in the future, they'll be able to comepete for 'made' players as well. What they're trying to do is similar to what Bayern did before, only in fast-forward (and thus more risky)
What's more important though, the actual 'meat' of the decision is the change in the association articles and the subsequent capital increase measures to lure investors. BVB issued out 6 million shares to Evonik, equalling roughly 9 % of the shares. The current plan is to issue out another 24 million shares in the following years spread over 2 - 3 other investors, which at the current rate of the shares equals another 100 mil €. Since this is done via capital increase, it also means every capital increase decreases the overall share of the other investors who then have to buy more shares to keep their overall share, which should bring in another million or two, figuratively speaking. In order to lure investors, BVB can surely capitalize from the increased exposure in the US from next season forward. Once the investors are on board and the "brand" has been established, other possibilities rise as well which should ensure a steady economic growth.
What's more important though, the actual 'meat' of the decision is the change in the association articles and the subsequent capital increase measures to lure investors. BVB issued out 6 million shares to Evonik, equalling roughly 9 % of the shares. The current plan is to issue out another 24 million shares in the following years spread over 2 - 3 other investors, which at the current rate of the shares equals another 100 mil €. Since this is done via capital increase, it also means every capital increase decreases the overall share of the other investors who then have to buy more shares to keep their overall share, which should bring in another million or two, figuratively speaking. In order to lure investors, BVB can surely capitalize from the increased exposure in the US from next season forward. Once the investors are on board and the "brand" has been established, other possibilities rise as well which should ensure a steady economic growth.
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MVBarcaFan
New member
As a BVB supporter, thanks for this info, DennyCrane. I'm very excited about this. The club is universally liked and I hope it can expand its brand of football and culture around the globe.
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linetty
Guest
Galning
Moderator
Luftstalag14
Culé de Celestial Empire
BVB is a pure joy to watch. 4:0 over Essen (is that where you are, instinct?) in half an hour right now.
Didn't know they have "speedy Gonzalez" in German too.
Didn't know they have "speedy Gonzalez" in German too.
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linetty
Guest
Essen plays in Regionalliga so there's no suprise it's a beating.BVB is a pure joy to watch. 4:0 over Essen (is that where you are, instinct?) in half an hour right now.
Didn't know they have "speedy Gonzalez" in German too.
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linetty
Guest
Aaaaand it's 5-0
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