Clubs in Germany’s top two divisions earned record turnover of €2.083 billion in the 2009/10 season but lost over €100 million euros for the first time since 2003, the league confirmed.
The 18 Bundesliga clubs recorded turnover of more than €1.7 billion, more than all 36 clubs in the top two divisions combined in the 2006/7 season.
The Bundesliga had a deficit of €78 million with three clubs responsible for 93 percent of that figure, though the DFL did not name them. The second division had losses of €25 million.
“The Bundesliga is enjoying its acceptance by fans and sponsors alike,” Seifert told reporters. “Licensed football has unchanged good prospects to remain a success story.”
Despite lacking the big name players that can be found in England and Spain, the Bundesliga has the highest average attendance – 42,000 – of Europe’s top leagues. With a few exceptions all the teams are also financially sound.
Wednesday’s report included figures on rising advertising revenues, transfer fees and income from media rights.