Tuesday, January 11, 2011

Soccer: Hoffenheim seek the path of the debt trap

The dimensions of the plight of surprise after all. That Hoffenheim far not very economically acted was in fact known. The figures, however, the Dietmar Hopp made public could now, sit up. "Hopp sounds the alarm," headlined the sports information service at all, because the patron put far more money from its assets to the club than previously known.

It go in the direction of 240 million euros, "said Hopp of the" Rhein-Neckar-Zeitung. And that the club despite having all the financial gifts of the billionaire for years been a huge minus. "We have made over the years 2007 to 2009, a decline of around 65 million euros." In the past year there were about 32 million €.

Even in summer, initiated the sale of Carlos Eduardo Hopp - for 20 million of Brazilians moved to Russia to supplement the record, at least at a loss of 16.6 million euros. And 2011 Hoffenheim back in the red numbers, despite the 17 million euro revenues from the recent transfers of Luiz Gustavo to Bayern Munich.

Hopp to eleven million appraised the losses for this year. In particular, the high cost of its salaried professionals displeased Hopp. The flight of two years ago, when the club led the league after the first round, had been paid for dearly. "The then manager Jan Schindelmeiser has completed highly paid contracts with the players that we have almost broken my neck," says Hopp.

"Our personnel costs have exploded." With 45? Million € is one of the leaders Hoffenheim in the Bundesliga clubs. Leaders Dortmund-serviced about 34 million €. And so surprised and Hopps rating not. "There will be some time before I reach my goal that the TSG can exist independently of me," That objective is, first, the natural desire of the businessman Hopp, on the other, the Financial due soon come into force in fair play.

For a long time, the Upper Hoffenheim deal with the Uefa decision taken by the European Union. This is about the regulation of the financial activities of the clubs. The pressure has thereby become much bigger, "says Hopp. "I fear this will make some -. Hoffenheim will not be there when our business is reasonable," But what says the Uefa scheme? And: who it affects? Will a club in the future to participate in European competition, he must show, after a transitional period during which it will initially granted 45 million euro debt, a balanced budget.

Say: "The clubs can only spend as much as they take it. If the Uefa strict in implementing their policies, is the era of exorbitant salaries and player of the clubs over, who live only by the continued affection of financial oligarchs, or sheiks. "The Financial Fair Play concept of Uefa's the right way - not only because it meets the Bundesliga, but mainly because a serious economic action is required to participate in UEFA competitions," said Christian Seifert, Chairman of the management of the German Football League (DFL).

The leaders in Germany are not tired of emphasizing, as a model was the German licensing procedure, and that Germany should serve as a pioneer in Europe. But even within the League The UEFA rules will have consequences. "It was long overdue," says Hans-Joachim Watzke about, Borussia Dortmund's managing director.

"This will have implications that the teams that turn in the Bundesliga, not so much, take it easy and prudent to economies. Developments in Hoffenheim, where does the club forced to sell off its family silver to meet these guidelines , is exemplary.

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