Tuesday, 28 January 2014

Bundesliga posts record turnover due to Champions League

Bundesliga posts record turnover due to Champions League
The top-flight German football league secured record turnover of 2.17 billion euros ($2.96 billion) during the 2012-2013 season, the German Football League (DFL) announced Tuesday.
Last season's turnover figures meant growth of 4.4 percent over the previous year when the league topped the 2 billion euro mark for the first time.
DFL Chief Executive Christian Seifert added the Bundesliga clubs also logged record operational profits of 383.5 million euros.
Record earnings, record taxes
'The Bundesliga is succeeding in the split between top level sports performance and economic rationality, especially compared to others in Europe,' Seifert boasted.
'Thanks also to the further increases with the media contracts that take effect this season, the league is on the road to extending its position as the second-strongest earning football league in Europe behind the English Premier League,' he added.
The success of the Bundesliga also meant good news for the state as it received a record amount of 850 million euros in tax revenues from the clubs.

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