Borussia Dortmund Reports Record €526 Million Revenue for 2024/25 Financial Year.

Roger Hampel

Image: Borussia Dortmund

Borussia Dortmund has announced a record consolidated operating revenue of €526 million for the 2024/25 financial year, marking the highest turnover in the club’s history. Including gross transfer fees, total group output reached €589.6 million.

Financial Performance and Stability Borussia Dortmund Record Revenue

The revenue increase of 3.32% from last year’s €509 million places Borussia Dortmund among Europe’s top-performing clubs financially. The consolidated result closed at €10.5 million before taxes and interest and €6.5 million after, within the forecasted range. The club also recorded a positive free cash flow of €21 million, and existing credit lines of €75 million were not utilised as of 30 June 2025.

Speaking at his final annual results press conference as CEO, Hans-Joachim Watzke noted the club’s transformation since he took over in 2005:

“We once set a benchmark of €500 million in revenue and have now reached €526 million – the highest in our history. It has been a very successful year for us.”

Revenue Drivers and Sporting Performance

Dortmund’s participation in the UEFA Champions League quarter-finals exceeded both sporting and financial targets, aided by the competition’s new format, which generated seven sold-out home matches versus six last season. Additional revenue came from the club’s participation in the FIFA Club World Cup in the United States, which contributed €33.9 million to the year’s accounts.

However, the results were offset by an early exit from the DFB-Pokal in the second round and lower transfer income compared to the previous season, when Jude Bellingham’s move to Real Madrid delivered a significant windfall. In 2024/25, major departures included Niclas Füllkrug and Donyell Malen for lower fees. Merchandise sales also fell compared to the prior year, which had benefited from the club’s Champions League final appearance.

Strategic Outlook and Sustainability Goals

Managing Director Carsten Cramer highlighted Borussia Dortmund’s broader growth vision:

“We don’t want to reinvent Borussia Dortmund, but to develop it further. We have huge potential and the ability to inspire more people and partners. We are much more than just a football club.”

The club reaffirmed its commitment to environmental responsibility, with CFO Thomas Treß announcing a target to achieve climate neutrality by 2040.

Shareholder Returns

The board will recommend a dividend of €0.06 per share at the November Annual General Meeting, continuing the club’s dividend policy despite the payout matching the net annual profit. Treß stated this reflects “a sign of dividend continuity to shareholders.”