Are Bundesliga clubs owned by fans?
bundesliga.com takes a closer look at exactly how and why it works… “The German spectator traditionally has close ties with his club,” Borussia Dortmund CEO Hans-Joachim Watzke said in 2016. In short, it means that clubs – and, by extension, the fans – hold a majority of their own voting rights.
How are German clubs owned by fans?
Since 1998, when 50+1 came into existence in German football, members have owned 50 per cent of their clubs plus one share, limiting commercial investment to a minority stake. It means that members can directly influence off-field matters because they always own a majority stake in the club.
Is Bayern Munich privately owned?
Bayern turns a profit every year, and that is no accident. The club, which is owned mostly by fans, operates responsibly and sustainably.
Is Borussia Dortmund fan owned?
Shares of Borussia Dortmund, a German Bundesliga Club, are traded on the German stock market and are largely held by fans. The team currently plays in the ninth division of the German football league.
How does Bundesliga ownership work?
The clause states that, in order to obtain a license to compete in the Bundesliga, a club must hold a majority of its own voting rights. The rule is designed to ensure that the club’s members retain overall control, by way of owning 50% of shares, +1 share, protecting clubs from the influence of external investors.
Who owns the Bundesliga?
The Bundesligen (plural) are professional leagues. Since 2008, the 3. Liga (3rd League) in Germany has also been a professional league, but may not be called Bundesliga because the league is run by the German Football Association (DFB) and not, as are the two Bundesligen, by the German Football League (DFL).
What is the 50 plus 1 rule?
Introduced in 1999 and enshrined in the statutes of the German Football League (DFL), the 50+1 rule stipulates that, should a football club outsource its professional football operation into a separate limited company, as most German clubs have done, the parent club must retain 50% of the voting shares in that company.
What is the 50/1 ownership rule?
What is 50 1 rule in the Bundesliga?
How does German football club ownership work?