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COVID cost Dortmund EUR151M

BERLIN (AFP) – Borussia Dortmund CEO Hans-Joachim Watzke told yesterday AGM the club had emerged battered but afloat from the COVID-19 pandemic with a cost of EUR151 million (USD165 million).

The CEO said Dortmund made “EUR500 million in sales” including player transfers in the previous financial year, saying “economically nobody needs to worry about Borussia Dortmund”.

But he told club members he suffered sleepless nights at the time.

Known for scouting and selling talents on for big profits, Dortmund sold England midfielder Jude Bellingham to Real Madrid in the summer for a fee of up to EUR130 million.

In the Champions League, Dortmund are first in a group which also includes Paris Saint-Germain, AC Milan and Newcastle.

Borussia Dortmund CEO Hans-Joachim Watzke. PHOTO: AP