Monday, November 25, 2024
HomeBundesligaPaderborn came through the pandemic debt-free so far

Paderborn came through the pandemic debt-free so far

SC Paderborn has come through the coronavirus pandemic economically well and was even able to present a positive result at its members’ meeting on Sunday.

Despite a revenue shortfall of ten million euros, SC Paderborn achieved a pre-tax profit of 1.1 million euros in the 2020/21 financial year, the club announced at its general meeting on Sunday.

The turnover in the past financial year was therefore 25.2 million euros. In the 2019/20 financial year, when Paderborn still played in the 1st Bundesliga, it even made a pre-tax profit of 11.2 million euros. Finance director Ralf Huschen also expects a good result in the current financial year. The club also continues to be debt-free.

President Thomas Sagel said in his inaugural speech: “Of course we need sporting success. And of course we also need strong figures. But all this must never be at the expense of our own identity.” He described Paderborn as “the Gallic village among Bundesliga clubs”.

Managing Director Sport Fabian Wohlgemuth also set the direction for the future: “We have to be patient and stable and stick to our long-term goals. In doing so, we must always find a compromise between sporting goals and economic fundamentals”. In doing so, the SCP should develop into an established second-division club.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments