Borussia Dortmund Financials - Revenue Sources for the 2011/12 Season and Estimations for the Current Season.

Borussia Dortmund team logo and Euro currencty symbolBorussia Dortmund are doing well these days, both financially speaking and team performance-wise. Looking at their 2011/12 season financials, Borussia brought in €189.1m in revenues which made them the 11th ranked club on the list of top earning football clubs in Europe. In the previous (2010/11) season Borussia brought in €138.5m which was 16th highest at the time. In the current season, Borussia Dortmund are in the semi-finals of the UEFA Champions League and are looking at another possible bump on the list.

Accounting firm Deloitte publishes an annual document called Football Money League where they go over the financials of top 20 European football clubs. According to the 2011/12 season report, Borussia Dortmund revenues looked like this:

Matchday revenues: €31.4m
Broadcasting: €60.4m
Commercial: €97.3m

Total revenues: €189.1m

Broadcast revenues contributed to roughly one third of Dortmund's total revenues primarily because the club participated in the UEFA Champions League group stage which brought the club €25.4m. They finished at the bottom of their group last season and considering that they are in the semi-finals facing Real Madrid this year, the broadcast revenues will most likely be significantly higher in 2012/13.

Borussia Dortmund claimed the Bundesliga title last year as well as the German Cup (DFB Pokal) title. In the current season Borussia will most likely finish second in the league behind Bayern Munich and they have been eliminated out of the cup in the quarter-finals. Borussia's poorer domestic performance could result in lower broadcasting income in the current season, but the participation in the final stages of the UEFA Champions League will most likely outweigh these numbers.

Commercial revenues (€97.3m) account for over half of Borussia's total revenues (€189.1m) and this is due to club's sponsor deals with Evonik (shirt), Signal Iduna (stadium naming rights) and 'champion partners' ODDSET and flyeralarm. Borussia opened their fifth Fanshop in Dortmund last season which saw their merchandising revenues increase to 23.4m.

Borussia Dortmund's strong match attendance (79,860 on average) combined with increased ticket prices and a higher-profile list of visiting teams, due to the participation in the UEFA Champions League, saw the club's Matchday revenues rise by €3.7m to a total of €31.4m. Look for Borussia's matchday revenues to rise in the 2012/13 season due to playing additional three Champions League matches at home.

Will Borussia Dortmund be able to join the European top 10 Football Money League clubs in the 2012/13 season? It is tough competition at the top, but considering that the club inked a new shirt deal with Puma and the fact that they are still alive in the UEFA Champions League make it a big possibility.

For a complete list of the Deloitte Football Money League clubs please click here.

Please note that player transfers are not included in the above calculations.