BVBWLD.de
·21 August 2026
BVB announce multimillion loss: „This must not happen again“

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·21 August 2026

Bad news for Borussia Dortmund: BVB has posted a loss in the millions. Nevertheless, the club’s leadership remains optimistic about the future.
Borussia Dortmund closed the 2025/26 financial year with a significant deficit. As BVB confirmed when presenting its financial results, the group ended up with a net annual loss of 21.7 million euros. In the previous financial year, the Black and Yellows had still posted a profit of 6.7 million euros. No dividend will be paid out due to the loss.
The main reason for the weaker figures is seen as the club’s performance on the international stage. In the Champions League, the team coached by Niko Kovac was already knocked out by Atalanta Bergamo. BVB also failed to meet its own expectations in the DFB-Pokal, exiting in the round of 16 against Bayer Leverkusen (0–1). On top of that came lower income from the Club World Cup as well as severance payments, including for Sebastian Kehl and Sven Mislintat.
Group revenue fell by 65.5 million euros compared with the previous year, to 460.5 million euros. The decline was particularly noticeable in TV marketing: revenue there dropped from 227.2 million to 168.5 million euros. Gross group output, including transfer income, fell to 537.2 million euros.
Managing director Carsten Cramer said he was accordingly dissatisfied with the result. “This situation is not one we want to repeat. It was a complex financial year with several challenges,” said the 57-year-old. The club now wants to draw consequences from the problems of last season and make itself more economically resilient.

Photo: IMAGO
Chief financial officer Thomas Treß also admitted that the loss was “anything but satisfactory.” However, he said there was no doubt in his view about the club’s fundamental financial stability: “But: We are in excellent financial health.” Among other things, BVB points to equity of around 300 million euros and an equity ratio of more than 50 percent.
No new financial debt was taken on. In the future, Dortmund also aims to rely less on major transfer income. The leadership sees growth potential particularly in digitalization and internationalization. Cramer therefore struck a confident tone for the coming months: “We’ll be happy to be judged on that over the next twelve months.”
This article was translated into English by Artificial Intelligence. You can read the original version in 🇩🇪 here.
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