The four Bundesliga clubs who have competed in the 2019/20 Champions League, Borussia Dortmund, Bayern Munich, RB Leipzig and Bayer Leverkusen, will create a €20m solidarity fund for German football clubs
In a bid to help those clubs further down the leagues, the four clubs will initially forego their share of the national media revenue from the German Football League (DFL) next season when that money is distributed.
The clubs say that this will amount to approximately €12.5 million if the current distribution model is applied, but that will be supplemented by an additional €7.5 million from the quartet’s own reserves.
“We have always said that we would show solidarity if clubs, through no fault of their own, should run into difficulties that they can no longer overcome themselves,” said Hans-Joachim Watzke, CEO, Borussia Dortmund’s.
“BVB (Borussia Dortmund) is currently having a major impact on society through a wide range of initiatives. And naturally we are prepared to help out other professional football clubs if it is ultimately a matter of cushioning the financial effects of the pandemic.”
DFL Executive Committee spokesman, Christian Seifert, added: “This initiative shows that solidarity is more than just lip service in the Bundesliga and Bundesliga 2. The DFL Executive Committee is very thankful to the four Champions League participants for their gesture towards our community of clubs,”
The distribution criteria for the €20 million is to be decided by the DFL Executive Committee.