1. FC Köln ended the 2018-19 2. Bundesliga season with a profit of 2.4 million Euro. before taxes. This is the result of the preliminary annual accounts*, which were presented on Sunday at 1. FC Köln’s AGM. As a result of relegation from the Bundesliga in 2017-18, and the resulting losses in TV money, marketing and ticketing and sales, the figures fell significantly as expected. However, FC are still in the black. The repayment of the interest-bearing debt was also continued as planned.
“Our main goal was to get promoted back to the Bundesliga. If you had asked me before the season, I would have been ready to achieve that goal and accept a small loss. Promotion and positive figures in 2. Bundesliga are a fantastic result on all levels,” said FC managing director, Alexander Wehrle.
The preliminary financial figures
Revenue: 114.6m Euro. (Previous year: 171.8m Euro)
Profit before taxes: 2.4m Euro. (Previous year: 27.4m Euro)
Profit after taxes: 1.1m Euro. (Previous year: 17.3m Euro)
Operating profit (EBITDA): 22.4m Euro. (Previous year: 48.6m Euro)
Equity: 38.6m Euro. (Previous year: 37.5m Euro)
Interest-bearing debt: 14.2m Euro. (Previous year: 17.2m Euro)
*Since the annual accounts have not yet been audited, all figures are preliminary.