Twenty years of Borussia Dortmund: Watzke on near-bankruptcy, selling players and Klopp
In an exclusive interview Borussia Dortmund CEO Hans-Joachim Watzke discusses his two decades at the club, saying it has given him more than he was able to give back
“If you think back to the creditors’ meeting 20 years ago, then it’s a success that we’re even here today at all,” says the Borussia Dortmund chief executive, Hans-Joachim Watzke.
On 14 March 2005, 444 investors in the Molsiris real-estate fund, which owned 94% of BVB’s Westfalenstadion and had been leasing it back to the club for €17m a year, gathered in a non-descript conference hall at Düsseldorf Airport to vote on a bailout plan to save the financially stricken club from insolvency.
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