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Hamburger SV in the Deloitte Football Money League

10 February 2011 No Comment

Hamburger SV remain the second highest placed Bundesliga club in the Money League with revenues broadly remaining flat at €146.2m (£119.7m). However, the North German club drops two places given the revenue growth achieved by Manchester City and Tottenham Hotspur.

The club reached the semi-finals of the newly reformatted and rebranded UEFA Europa League, Europe’s second tier clubs’ competition, for the second successive season, but only finished a disappointing seventh in the Bundesliga.

Commercial revenues remain the clubs largest revenue stream contributing €63.2m (43%) of total revenues, with growth of €7.6m (14%) almost completely offsetting decreases of €6.2m (11%) and €1.9m (5%) across matchday and broadcasting respectively.

Hamburg is Germany’s second largest city, which provides a strong base for the club’s commercial revenues. An extension to its shirt sponsorship agreement with Emirates, reportedly worth an increase in basic fee of €1.5m to €7m per season, and a new stadium naming rights deal with technology services provider Imtech worth a reported average of €4.2m per season are key contributors to this total.

The decrease in matchday revenues to €49.3m (£40.4m) was in part due to a decreased number of home matches compared to the previous season (26 compared to 27). The club attracted an average Bundesliga home attendance of 55,240.

Hamburger SV received €7.5m (£6.1m) in UEFA distributions as a reward for reaching the semi-finals, an increase of €3.8m compared to the previous season, a result of 2009/10 being the first season of improved
broadcast and commercial deals for the competition. However this was offset by a drop in Bundesliga finishing
position from fifth to seventh, and early elimination from the German FA Cup, which meant a slight drop in overall broadcast revenue to €33.7m (£27.6m).

A lack of participation in European competition in 2010/11 will mean that Die Rothosen will be hard pressed to retain its current Money League position. In the longer-term, qualification for the Champions League is the key for the club to challenge for a top ten position in future editions.

View the full Deloitte Football Money League ranking.

Source: Deloitte Sports Business Group