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In the biggest financial crisis since the spectacular rescue in 2005, Hans-Joachim Watzke did not want to disembark.
Because of the corona pandemic and its effects, the club boss of Borussia Dortmund is postponing his exit planned for the end of 2022.
Watzke's withdrawal from retreat had recently indicated, but it is somewhat surprising that the 61-year-old now signed for three more years until December 31, 2025.
“I know my responsibility towards this club very well.
It is completely out of the question that I will disembark during the biggest crisis, ”Watzke recently said in the“ Handelsblatt ”newspaper.
In the current club announcement, the BVB boss, who has been managing director of the Champions League quarter-finalist since 2005, was not quoted because he was not the only focus.
In addition to him, the managing directors Thomas Treß and Carsten Cramer also extended the contract by three years ahead of time.
Your new contracts now run until June 30, 2025.
Sebastian Kehl (r.), Dortmund's managing director Hans-Joachim Watzke (center) and sports director Michael Zorc are responsible for sports at BVB
Source: dpa / Guido Kirchner
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Meanwhile, the farewell to manager Michael Zorc seems certain in the summer of 2022. The contract with Sebastian Kehl, who has been the successor to the newly created position as head of the licensed player department for three years, has not yet been signed.
Zorc, who has been in the management of BVB since 1998, had also postponed his retirement from 2021 to 2022 because of the pandemic.
BVB incurs heavy losses
"After intensive discussions, we succeeded in winning Hans-Joachim Watzke as Chairman of the Management Board for a further three years," said BVB President Reinhard Rauball and praised the management trio for keeping the ship stable on course in stormy seas.
Even against the background of the pandemic, “nobody has to worry about Borussia Dortmund.
The next two seasons are already fully financed regardless of whether they reach the Uefa Champions League. "
But of course BVB also suffered heavy losses due to ghost games.
Treß reported on Monday in the "Ruhr Nachrichten" that after a minus of 43.5 million euros in the previous year, a loss of 70 to 75 million euros is now expected.
Therefore, with a heavy heart, the association “arranged credit lines of up to 120 million euros for two years, of which we had drawn up 28 million euros by December 31st.
This sum will continue to rise as long as the loss situation continues. "
Incidentally, the division of tasks in the management remains the same.
According to BVB, Watzke continues to be primarily responsible for the strategic direction as well as for the sports, communication and human resources divisions.
Treß is primarily responsible for finance, organization and legal & investor relations, while Cramer is responsible for sales & marketing and digitization.