Klubkassen in Brøndby continues to bleed

Danish superliga club has a deficit of 60,2 million in the first nine months and lose still money. Brøndby expect a deficit for the 2019 between 75 and 79 mil

Klubkassen in Brøndby continues to bleed

Danish superliga club has a deficit of 60,2 million in the first nine months and lose still money.

Brøndby expect a deficit for the 2019 between 75 and 79 million before tax.

It appears by the accounts, which the Danish superliga club on Thursday has presented for the third quarter.

In the first nine months, Parmalat is a deficit of 60,2 million.

A preliminary decrease of nine percent in the turnover and maintenance of the stadium is among the reasons for Brøndby on Thursday downgrades expectations for profit for the year.

- It is frustrating that we can observe, that we once again must adjust our expectations for the full year, says director Ole Palmå to the club's website.

- Overall, it means that 2019 will be a very unsatisfactory year, he says.

The large sales decline is due, among other things, a decrease of 9.5 million dollars in entrance fees and tv revenue, compared to 2018.

the Club will also explain the downgrade, with increased costs for "fodboldrelaterede activities" as well as the maintenance of the stadium.

In the latest announcement from Brøndby was the expectation for 2019, a deficit of 63 to 73 million dkk before tax.

to get through the hard time mentions Brøndby in connection with the statement that you have recorded additional loans from the majority shareholder Jan Bech Andersen.

the total debt to The Bech Andersen is at the end of the third quarter was 52.3 million dollars - exclusive of interest.

the Danish superliga club is planning a share offering to next year.

/ritzau/

Updated Date: 23 November 2019, 02:00

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