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Feyenoord to move into profit

The authoritative Swiss Ramble takes a look at the finances of Feyenoord, currently leading the Eredivisie: https://swissramble.substack.com/p/feyenoord-finances-202122

In 2010 Feyenoord found themselves “in serious financial difficulties” with sizeable debts, negative equity and “a serious threat to the club’s continued existence”. This was due to significant investment in the squad, allied with a failure to qualify for the Champions League.

They narrowly avoided bankruptcy, only thanks to the intervention of a group of wealthy supporters,

Feyenoord’s pre-tax loss in 2021/222 reduced from €17.8m to €9.7m, as revenue rose €25.4m (41%) from €61.8m to €87.2m and profit from player sales increased €1.8m from €3.8m to €5.6m. 

Feyenoord have now posted pre-tax losses for four years in a row, losing €44m in this period, which followed seven consecutive years of profits. The last time that they managed to make money was 2017/18, which was also the last season that the Rotterdam club qualified for the lucrative Champions League.

There is no doubt that Champions League qualification would deliver a considerable boost to their finances. Some questions remain about the impact of the abandoned plans for a new stadium.

However, this season will benefit from the significant gains from last summer’s player sales, which should lead to the club’s first profit in five years.


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