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The positives first: Despite the crown crisis, only five of the eleven clubs have a minus sign before the annual result. Last season’s twelfth club, Mattersburg, have for known reasons no longer presented a balance with the Bundesliga.
The KURIER has compiled the best of the financial figures published on Monday in Austrian professional football (July 2019 to June 2020). In one case it is the best of evils: the bankrupt vulture approaches Favoriten, Austria is in dire financial straits.
-18.84 million
The biggest loss ever reported in Austria suggests something bad for Austria. Only a few million of these can be explained by the corona pandemic that broke out in March. Sponsor payments that were not received had to be corrected on the balance sheet. Equity has gone from +4.31 to –14.5 million. CFO Markus Kraetschmer is still waiting for an investor.
The lousy record is also due to the absence of the favorites in one of the European competitions. “FK Austria Wien’s business model has always been based on development with regular participation and transfers in the European Cup. In the 2017/18 season, Austria Wien reached the UEL group stage for the last time , these revenues amounted to 11.5 million euros and therefore more than a third of sales at that time, ”he says in a broadcast from Austria.
