Expected trend for significant operating expenses

Personnel expenses

Personnel expenses account for approximately half of all operating expenditure. Portions of these personnel expenses are also dependent upon the club’s sporting success, because the professional squad is compensated on the basis of its performance, meaning that these expenditures are always commensurate with the club’s success, which itself is a source of income.

Action has already been taken to increase the variability of personnel expenses in the professional squad with regard to sporting performance, particularly in the UEFA competitions and the qualification for these competitions, and this will be driven forward in the short to medium term and will be expanded to include nearly all salary components.

Other operating expenses

Cost management continues to be Borussia Dortmund’s highest priority. Operating cost-effectively makes a material contribution to earnings, and Borussia Dortmund is unwavering in its efforts to achieve further optimisation. Central Purchasing in particular is constantly attempting to leverage potential cost savings by consolidating the supplier base, negotiating more cost-effective master agreements or bundling orders, among other things.

The other operating expenses are also partly dependent on the number of matches and the club’s success on the pitch. Any efforts at cost optimisation aside, there may therefore be an increase in operating expenses that goes hand-in-hand with a material increase in income and corresponding contribution to earnings.