Borussia Dortmund generated total consolidated gross income of €639 million in the 2023/24 financial year.
“We’ve developed a growth dynamic that will also be reproduced in the future,” said Hans-Joachim Watzke, the Chairman of the Board of Management, of the figures at the annual results press conference for the past financial year (1 July 2023 until 30 June 2024), in which Borussia Dortmund reached the final of the UEFA Champions League for the third time in their history. In this competition, Borussia Dortmund GmbH & Co. KGaA generated turnover of approximately €120 million in the TV sector alone. Merchandising generated a total of €48 million, which corresponds to growth of 43%. Consolidated net income for the 2023/24 financial year came to €44.3 million in total, the second-highest result in BVB’s history, compared to €9.6 million in the previous year.
“‘In 2019, we announced that our strategic medium-term goal was to achieve turnover of more than €500 million without transfers. Five years later, we’ve achieved that. Perhaps we would’ve achieved it earlier without the coronavirus,” said Watzke, in reference to the group’s revenue, which totalled €509.1 million. That is in addition to the transfer income. Hans-Joachim Watzke said: “Our core business is recognising the potential of young players. And if we can’t keep them, to enhance it. The Club World Cup is guaranteed to be a driver in this financial year. This competition makes sense. We must not see everything through a European lens.”
Together with the Supervisory Board, the Board of Management would like to propose the distribution of a dividend in the amount of 6 cents per share at the upcoming annual general meeting in November. The last time shareholders received a dividend payout was for the 2018/19 financial year (in the same amount at that time).
As a stock-listed company, Borussia Dortmund will significantly expand its sustainability reporting starting from the current financial year due to a new EU directive. “We’ve taken this as an opportunity to review and realign our strategic focus from a sustainability perspective with our social responsibility and the appeal of Borussia Dortmund in mind,” announced Managing Director Thomas Treß. The objectives include achieving climate neutrality, improving water efficiency and “ensuring decent working conditions in the value chain in order to preserve Borussia Dortmund’s value culture”. Treß cited the replacement of the gas heating system with heat pumps at the Football Acdemy and the completion of a PV system on the roof of the BVB FanWorld – which covers around a quarter of the electricity requirements there – as examples of measures that have already been implemented.
The announced construction of a new PV system on the roof of SIGNAL IDUNA PARK constitutes an entirely different dimension. “40% of the stadium’s average electricity requirement, which is 7.5 million kilowatt hours, will then be generated by this system,” explained Treß. It will also be connected to DEW’s future climate-neutral district heating network in 2025.
