Brøndby expect a deficit for the 2019 between 75 and 79 million before tax.
It appears by the accounts, which the Danish superliga club on Thursday has presented for the third quarter.
In the first nine months, Parmalat is a deficit of 60,2 million dollars, according to the statement.
A preliminary decline of nine percent in revenue is the main reason why Brøndby, Thursday, downgrades expectations for profit for the year.
In the latest announcement from Brøndby was the expectation for 2019, a deficit of 63 to 73 million dkk before tax.
Executive director Ole Palmå call the accounts ‘very unsatisfactory ‘ .
– It is frustrating that we can observe, that we once again must adjust our expectations for the full year. We now expect that we will be in the range -75 million. kr. to -79 million. kr. We have in 2019 is made a part investment in the facilities and maintenance of the Brondby Stadium and has just completed a number of building projects with higher costs than expected. In addition, we have experienced increased costs for our fodboldrelaterede activities, and at the same time, we have not realized transfergevinster to the extent that we had expected in 2019. Overall, this means that 2019 will be a very unsatisfactory business year.
the Club have recorded additional loan from the club’s majority shareholder Jan Bech Andersen and a board member Torben Bjørn Christensen.
– We are all working towards the club should have a surplus and be free of long-term debt, which are some of the economic ambitions of the strategy 6.4. Before we get there, we finance our investments in the bl.a. the stadium and the sporting sector as well as the related bridge financing of the operations through loans. We appreciate, therefore, high that the club’s majority shareholder Jan Bech Andersen and a board member Torben Bjørn Christensen has offered the club debt financing for the necessary investments in the club, says Ole Palmå.
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