Under Maintenance

We deeply apologize for interrupting your reading but Vendetta is currently undergoing some important maintenance! You may experience some layout shifts, slow loading times and dififculties in navigating.

Sports Media

Borussia Dortmund Bailout

Borussia Dortmund Bailout

Borussia Dortmund vs Paris Saint-Germain F.C. Photo by Bongarts/Getty Images

Borussia Dortmund Bailout
Borussia Dortmund vs Paris Saint-Germain F.C. Photo by Bongarts/Getty Images

Borussia Dortmund Bailout

With Bundesliga kicking back off on Saturday, everyone is extremely excited to see sports returning. I have recently been talking about how soccer is different in America compared to the rest of the world. A Borussia Dortmund bailout by FC Bayern Munich in 2004 is another example of this.

Dortmund had a €200 million debt that was going to leave them bankrupt. Munich reached out with the offer of a €2 million interest-free loan. All Dortmund had to do was pay them back within nine months, which €1.5 million was paid off in the first two months.

This generous loan allowed Dortmund to pay their players for the season and keep them from going bankrupt. Although it was only a small contribution to their overall debt according to Thomas Tress, Dortmund’s chief financial officer, it was helpful none the less.

Munich has also helped the 1860 Munich and FC St. Paul. They were offering to uphold a transition of helping out their fellow Bundesliga teams. 

A Dortmund style bailout is something that you wouldn’t find in America. The teams are running like businesses by billionaires rather than a collective soccer organization. It would probably be rare if a team offered to help cover expenses for someone else. If it was offered, it would be one rich person reaching out to help another one rather than helping the overall organization.

There would probably also be a focus on how there is less competition and not focusing on the growth of the sport. There are only 26 Major League Soccer (MLS) teams in the U.S. If we lost another team it would be sad to see the growth of soccer be halted.

Hopefully, this won’t be the fate of a team when soccer returns after the pandemic.

Bundesliga games will return Saturday, May 16 at 9:30 a.m. EST.

<!-- Ezoic - Single Blog Page - Middle - mid_content -->
<div id="ezoic-pub-ad-placeholder-154"> </div>
<!-- End Ezoic - Single Blog Page - Middle - mid_content -->
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Popular Past Stories

<!-- Ezoic - Single Blog Page - Middle - mid_content -->
<div id="ezoic-pub-ad-placeholder-136"> </div>
<!-- End Ezoic - Single Blog Page - Middle - mid_content -->
<!-- Ezoic - Single Blog Page - Middle - mid_content -->
<div id="ezoic-pub-ad-placeholder-135"> </div>
<!-- End Ezoic - Single Blog Page - Middle - mid_content -->

recommended stories

Michael Thomas Saints

Report: Saints plan to release Michael Thomas

Report: Saints plan to release Michael Thomas The New Orleans Saints are planning to release wide receiver Michael Thomas before…

Read More
Alexa Grasso Valentina Shevchenko The Ultimate Fighter

Alexa Grasso, Valentina Shevchenko Set To Coach The Ultimate Fighter

Alexa Grasso, Valentina Shevchenko Set To Coach The Ultimate Fighter UFC women’s flyweight champion Alexa Grasso is set to coach…

Read More
UFC 299 Preview Bets

UFC 299 Best Bets

UFC 299 Best Bets UFC 299 is about as good as a UFC pay-per-view can get. The card is filled…

Read More
Tyler Toffoli

Tyler Toffoli Traded To The Winnipeg Jets

Tyler Toffoli Traded To The Winnipeg Jets Tyler Toffoli is once again on the move for the second time in…

Read More
<!-- Ezoic - Single Blog Page - Middle - mid_content -->
<div id="ezoic-pub-ad-placeholder-134"> </div>
<!-- End Ezoic - Single Blog Page - Middle - mid_content -->