Borussia Dortmund Updates Earnings Forecast Following Champions League Success

Borussia Dortmund has announced an upward revision of its earnings forecast for the fiscal year 2023/2024, following a successful progression to the UEFA Champions League semi-finals. The German football club now anticipates a consolidated net profit ranging between EUR 33 million and EUR 43 million. This revised forecast surpasses the previous projection set on March 14, 2024, where the expected range was between EUR 25 million and EUR 35 million.

The adjustment stems from the club's recent sporting achievements which have likely bolstered its financial projections for the year. However, Borussia Dortmund acknowledges there remains a degree of unpredictability due to variables like the ongoing sporting season and global political dynamics. The club emphasized that these factors contribute to forecasting risks, adding a layer of uncertainty to future financial expectations despite the current optimism.