Shares in decline: BVB with concerns – and opportunities

Borussia Dortmund? Minus 35 percent. Juventus Turin? 45 percent loss. And Lazio Rome? Even 50 percent. In just four weeks, the shares of Europe’s listed football clubs have gone through an unprecedented slump, analogous to the global crash. The clubs affected are now facing considerable challenges – but also opportunities.

The BVB share alone slipped from 9.49 euros (February 21) at record speed to a temporary 4.56 euros (March 18). “If even the DAX can lose 40 percent in a week, a listed football club is also not protected from the fear of investors,” says Johannes Minho Roth, founder of the investment company FiveT and former stock exchange trader, in an interview with “SID”. Especially the uncertainty as to when matches will take place again and thus when revenues will be booked leads to nervousness.