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FC ST. PAULI BACK IN THE BLACK

FC St. Pauli posted positive results in the 2021/22 financial year, club president Oke Göttlich told the annual general meeting on Saturday.

FC St. Pauli generated a consolidated profit for the period of €359,873.70, compared with a loss of €5,750,891.74 in the previous year, which was primarily due to the Covid-19 pandemic. Turnover was up significantly, climbing to €50,320,738.91 in the period 1 July 2021 to 30 June 2022 from €37,152,280.52 last year. FC St. Pauli also reported an increase in equity, up from €7,760,482.81 in the previous year to € 8,109,617.67.

Thanks to employees, members, partners and fans

Göttlich went on to thank the employees, members, fans and partners of the club for their commitment, solidarity and loyalty in difficult times.

Vice-president Carsten Höltkemeyer said the fact that FC St. Pauli had reported positive financial results despite the substantial loss of revenue during the Covid crisis was a success story, adding that the club was financially sound and stable. Nevertheless, the coming months would continue to be difficult, as the energy crisis had led to a significant increase in expenditure, he explained. FC St. Pauli, however, was perceived as a reliable partner that operated prudently and sustainably, concluded Höltkemeyer, which was a good foundation for overcoming the current challenges.

 

Photo: FC St. Pauli

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