Expected financial position

Capital expenditure and financial planning

The highest priorities for developing the club’s core business will be making the club more competitive and improving its infrastructure.

Due to the adverse economic consequences of the ongoing COVID-19 pandemic, Borussia Dortmund is currently pursuing a rather passive transfer policy and is focusing on sensible ways to reinvest transfer fees already received. Even non-essential investments in SIGNAL IDUNA PARK are being postponed until further notice.

In order to mitigate and avoid financial risk, Borussia Dortmund in principle pursues a conservative and extremely prudent capital expenditure strategy and will not count on any uncertain sporting successes.

Expected liquidity trend

Due to the assumptions made, Borussia Dortmund expects cash flows from operating activities in financial year 2021/2022 to amount to approximately EUR 30,000 thousand. This figure is subject to change due in particular to transfer deals or if actual events differ from the forward-looking statements in the forecast concerning the club’s sporting success or on account of the effects of the COVID-19 pandemic. Free cash flow is expected to amount to approximately EUR -26,000 thousand.

6th match day / 31.10.2020

Arminia Bielefeld - BVB 0:2

Sporting Highlights