BERLIN (Reuters) - Borussia Dortmund will be debt-free by the end of the year and flexible to fund growth on and off the pitch after a 114 million euro (90 million pounds) capital increase was completed on Wednesday, said club CEO Hans-Joachim Watzke.
Last season's Bundesliga runners-up, who almost went broke in 2005, got the considerable cash injection and saw sponsors Puma, Evonik and Signal Iduna buy a stake in the traditional German club.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!