The club’s losses during the coronavirus period could reach as high as 75 million.
Football CEO of Borussia Dortmund, one of the major clubs in the German Bundesliga Hans-Joachim Watzke reported a harsh reading on Thursday about the impact of the coronavirus on the club. According to Watzke, every home game played without an audience costs the club four million euros in lost revenue.
Dortmund The Signal Iduna Park Stadium is the largest in Germany and can accommodate 81,000 spectators. At present, fan access to the gallery is completely banned as Germany seeks to curb the spread of the coronavirus.
Last season, Dortmund, which ranked second in the Bundesliga, made a loss of EUR 44 million in its financial period 2019-20.
Coronavirus pandemic disturbed violently last season. This season, losses could swell to as much as € 75 million, Watzke said. However, according to the club director, Dortmund is not in danger of collapse, as the club “has sufficient liquidity to ensure that there is no danger”.