Recent reports on Eintracht Frankfurt’s financial situation had caused some unrest. However, the stability still seems to be there and to a healthy degree.
Six million euros. A sum that CFO Oliver Frankenbach named as the amount of equity at the general meeting. Not too much money for Eintracht. The report by the person responsible therefore caused some unrest among some fans.
However, the worries and concerns can be reduced somewhat: Frankfurt is financially stable and much less ailing than initially feared.
As Bild would like to know, the six million euros in equity were related to the key date of June 30th. This was followed by transfer fees and UEFA bonuses. The newspaper therefore assumes that the SBU has at least 13 million euros – probably a little more – in equity available.
That would mean that the lower income due to corona restrictions and other influences was and is a lot less dangerous for the club than initially feared.
This also fits in with Markus Krösche’s attitude of not wanting to sell currently sought-after players despite possible income. In addition to Daichi Kamada, whose contract is even to be extended, it is about Jesper Lindström. He could probably move to Arsenal FC in the winter for around 20 million euros. According to Sport1-Info, the sports director will only pick up the phone from 30 million euros. This also shows that further income is not urgently needed at the moment.
This article was originally published on 90min.com/de as Eintracht’s financial situation not being as drastic as portrayed.