"That's dramatic": Union Berlin makes ten million euros lousy


"That is dramatic"
Union Berlin makes ten million euros lousy

For the Iron Unioners it pays off that they still have their silverware, but the hidden reserve does not last forever. Large parts of the revenue have been missing since March, and the club is expecting a fat loss this year. If the situation does not change, coach Fischer could have to waive his salary.

Bundesliga soccer team 1. FC Union Berlin expects financial losses of ten million euros in the 2020 calendar year due to the coronavirus pandemic. Nevertheless, club president Dirk Zingler told the "Berliner Zeitung": "We will master the crisis in the Union family together. Everyone contributes to this, our members, the viewers who have bought season tickets, our sponsors, our banks and partners."

For the Eiserne it paid off "that we didn't take our silverware out of the showcase on our way to the Bundesliga," said Zingler. Accordingly, income from viewers, sponsorships, catering or other club-owned rights belong to the association and "now form a high hidden reserve". It is an advantage for the Köpenicker that they only got promoted last year. "That is why we can certainly deal with this crisis a little more economically than clubs that have been in a top-tier spending structure for years," said Zingler. "We had lower expenses, but already higher income."

Large parts of the income are missing – since March

But the situation with ghost games and little prospect of a quick recovery remains difficult for Union too. Large parts of the income have been missing since March. "As an entrepreneur, you cannot prepare yourself for something like this. You can build up reserves, work sustainably, which is often demanded, and build up reserves for bad times. But as a company you cannot prepare yourself for big ones for an uncertain time Areas of your income are missing, "said Zingler and added:" That is dramatic. "

If the situation does not change, a salary waiver by the professional team of coach Urs Fischer is again an issue. "If the exclusion of viewers continues, we will certainly sit down," said Zingler: "I don't want to do something like this for political reasons, but only for objective reasons."

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