Bundesliga side Borussia Dortmund announced on Friday that they achieved the highest single-year turnover in the club’s history, generating €509.1 million (£442 million) last season.
This figure, excluding transfer fees, represents a 24 per cent increase from the previous season.
Despite a disappointing fifth-place finish in the Bundesliga, Dortmund’s unexpected run to the Champions League final—where they lost 2-0 to Real Madrid—was a major factor in the club’s record revenue. Increased TV revenue and merchandising also contributed to the rise.
“This is my 20th annual press conference, and it’s certainly one of the most satisfying,” club boss Hans-Joachim Watzke said on Friday.
The actual revenue is likely higher, as Dortmund sold English midfielder Jude Bellingham to Real Madrid for €103 million during the reporting period.
Dortmund, the only German club listed on the country’s stock market, announced they would pay a dividend of six cents per share due to these record results.
As with all German football clubs, Dortmund must adhere to the 50+1 rule, which ensures member control and limits external investment or ownership.
