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DGAP-News: Borussia Dortmund GmbH & Co. KGaA: Players, coaches and managers waive part of their salaries

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0 0 24.03.20
DGAP-News: Borussia Dortmund GmbH & Co. KGaA: Players, coaches and managers waive part of their salaries: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/24094/225px-Borussia_Dortmund_logo.svg.png
 

DGAP-News: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Miscellaneous
Borussia Dortmund GmbH & Co. KGaA: Players, coaches and managers waive part of their salaries

24.03.2020 / 16:39
The issuer is solely responsible for the content of this announcement.

Borussia Dortmund's players voluntarily waive part of their salaries against the background of the current "coronavirus" situation and thus show also solidarity with the Borussia Dortmund group's 850 employees and their families. This applies as long as match operations standstill or matches are played and carried out without spectators "behind closed doors".

Like the players, the managers in a modified way and the coaching staff also waive part of their salaries.

Borussia Dortmund GmbH & Co. KGaA can save up to a double-digit million amount in personnel costs, depending on the duration of the current situation, which will contribute to stabilize and secure the club as one of Dortmund's largest employers during this Corona crisis.

Dortmund, den 24th March 2020

Borussia Dortmund GmbH & Co. KGaA
Borussia Dortmund Geschäftsführungs-GmbH



Contact:
Dr. Robin Steden
Inhouse Counsel / Investor Relations

24.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Borussia Dortmund GmbH & Co. KGaA
Rheinlanddamm 207 - 209
44137 Dortmund
Germany
Phone: 0231/ 90 20 - 2746
Fax: 0231/ 90 20 - 852746
E-mail: [email protected]
Internet: www.bvb.de/aktie // www.aktie.bvb.de
ISIN: DE0005493092
WKN: 549309
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1005843

 
End of News DGAP News Service

1005843  24.03.2020 

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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