Eintracht’s financial situation not as drastic as shown
Eintracht Frankfurt v 1 FC Koln – Bundesliga
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Eintracht Frankfurt is financially better and more secure than initially feared. Equity has already increased again.
Recent reports on Eintracht Frankfurt’s financial situation had caused some unrest. However, the stability still seems to be there and to a healthy degree.
Six million euros. A sum that CFO Oliver Frankenbach named as the amount of equity at the general meeting. Not too much money for Eintracht. The report by the person responsible therefore caused some unrest among some fans.
However, the worries and concerns can be reduced somewhat: Frankfurt is financially stable and much less ailing than initially feared.
Frankfurt equity noticeably higher than initially assumed
As the picture would like to know, the six million euros in equity were related to the key date of June 30th. This was followed by transfer fees and UEFA bonuses. Therefore, the newspaper assumes that the SBU has at least 13 million euros – probably a little more – in equity available.
That would mean that the lower income due to corona restrictions and other influences was and is a lot less dangerous for the club than initially feared.
This also fits in with Markus Krösche’s attitude of not wanting to sell currently sought-after players despite possible income. In addition to Daichi Kamada, whose contract is even to be extended, it is about Jesper Lindström. He could probably in the winter switch to Arsenal for around 20 million euros. The sports director will sports1-Information after but only from 30 million euros pick up the phone. This also shows that further income is not urgently needed at the moment.
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This article was originally published on 90min.com/de as Eintracht’s financial situation not as drastic as shown released.