Yes, is it Christmas today?
The members of 1. FC Nürnberg were literally bombarded with records at the annual general meeting. For the first time in its history, the club was able to report transfer income of 52.4 (!) Million euros.
Thanks to the sales of Stefanos Tzimas (19/26 million euros to Brighton & Hove Albion), Can Uzun (20/12 million to Eintracht Frankfurt), Finn Jeltsch (19/9 million to VfB Stuttgart) and Jens Castrop (22/4.5 to Mönchengladbach), Franconia generated a triple-digit annual turnover (105.1) in the last financial year (to June 30, 2025). euro). Thanks to record results (13 million), the club finally returned to positive equity (10.5 million) after three years. Amazing for a second division team!
Nuremberg finance boss Stefan Heim (55), who even wanted to “build a monument” to his former sports director Olaf Rebbe (55) for the Tzimas deal, on the success figures: “With our record and anniversary year, we took a big step towards improving our economic performance.
But it’s also a fact: after a record year full of special effects, the club is still far from being on the (financial) fast track. Without this special effect, second division teams spend more money than they earn.
For example, if you look at the expenses of employees in administration (including Marketing GmbH), expenses actually increased by almost 300,000 euros compared to the previous year (6.7 million). Many other expenditures on eVs are also increasing, some of them massive increases.
At the end of his talk, Heim had to admit that the structural deficit would still have to exceed three million euros. How exactly the finance boss arrived at this amount based on adjusted sales and cost figures may be difficult for most members to understand.
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Because: If you subtract all transfer items from Nuremberg’s income and expenses (because of special effects!), the franc actually showed a loss of 10.8 million euros in the last financial year. However, financial bosses calculated this amount to be even smaller, taking into account the planned transfer profits (3 million) and “one-off effects” (including repayment to Franconian patrons, higher tax costs, consultant commissions).
One thing is clear: the club will not be able to report a net transfer profit of 23.8 million euros in any financial year. In the medium term, FCN SHOULD also become significantly more successful on the sporting front. This is the only way that the important TV money (this time 14.4 million) can increase significantly again.
If this doesn’t work, the increased personnel costs for licensed teams (last 18.4 million) will be hard to justify. This season, the Franconians will most likely put together a top 6 player roster again, but are currently only ranked 11th in the standings.
