President Frank Hensel repeated that there was a need for economic action in the Violette’s business model. “That is why we have been selling shares in our AG (up to 49.9 percent, note) to a partner for almost a year,” wrote Hensel in the annual report. You have until June 30, 2021 to find the best for the development of the club. In the well-advanced talks with a sponsor, the second lockdown in November caused a setback.
Salzburg as the clear number one
At Salzburg, however, sporting and economic success go hand in hand. In the case of strongly growing earnings, the profit was increased significantly. “We are happy about this extraordinarily good economic result. It is primarily due to our first participation in the group stage of the UEFA Champions League, for which we have worked very hard and long, ”explained Stephan Reiter. The commercial director also cited the transfer proceeds (Erling Haaland, Stefan Lainer, Xaver Schlager, Hannes Wolf, Takumi Minamino) as an essential contribution.
“The outstanding result and the equity generated (84.4 million after 44.04 in the 2018/19 season, note) are particularly useful in view of the currently very challenging framework conditions in the current financial year, such as the ongoing restrictions on viewers or the Uncertainties in relation to future transfer revenues mean that FC Red Bull Salzburg can safely lead through this global crisis, ”said Reiter.
LASK and WAC benefit from the European Cup
Thanks to the participation in the European Cup, the LASK and Pellets WAC were also clearly in the lead. The people of Linz increased their equity to 4.49 million (previously 290,000), the income doubled (but also the personnel expenses) and led to a tripling of the annual result after taxes to 4.278 million euros. This makes the Linzers clearly number two in the league. The equity of the Europa League participant WAC also increased sharply, and profits turned significantly positive (2.396 million).
Rapid and Sturm Graz in the red
Rapid and Puntigamer Sturm Graz, however, slipped into the red in the pandemic season. For the Styrians it was 1.238 million (previously + 89,000), for the Hütteldorfer it was 199,000 (previously + 180,000). A total of five of the eleven Bundesliga clubs (Mattersburg had withdrawn his license in August) showed a minus before the annual result, which Admira balanced. The 2018/19 season had finished nine of the twelve clubs with a profit.
For the first time since 2011/12, Rapid did not have an economically positive result, but the loss of 199,000 euros was significantly lower than originally feared. According to business manager Christoph Peschek, the main reasons for this are a waiver of wages by players, coaches and employees as well as the short-time working that has meanwhile ended.
Question mark behind the new fiscal year
However, the impact of the second wave could be more drastic, Peschek believes. “The economic damage in this financial year (July 1, 2020 to June 30, 2021, note) can be in the double-digit million range.” St. Pölten’s General Manager Andreas Blumauer, on the other hand, expressed his confidence “despite the difficult outlook”. “I am convinced that we will be able to close the current season with a positive economic result”, it said in a broadcast in view of a minus of 410,000 euros with negative equity.
In the data published by the Bundesliga on Monday, LASK was well ahead of Sturm Graz (1.692), Rapid (just under / 1.111) and Salzburg (1.009) in payments to players’ agents and agents, at 2.558 million. In the second division, Austria Klagenfurt closed the season after narrowly missed promotion with negative equity with a minus of 2.088 million euros.