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Crisis at Greuther Fürth: financial worries and future strategies!
SpVgg Greuther Fürth presents challenging business figures and future measures at the 2025 annual general meeting.
Crisis at Greuther Fürth: financial worries and future strategies!
In the midst of challenging times, SPVGG GREUTHERFürth presented the business figures of GmbH & Co. KGaA at its annual general meeting on November 17, 2025. The operating result of -2.8 million euros was discussed, as were the declining media revenues and lower transfer income, which had a strong impact on the result. The negative special effects amounting to 1.9 million euros that resulted from severance payments are also worrying. Fortunately, the equity ratio remains stable at 27 percent, even though the 2024/2025 financial year closed with an annual deficit of 4.7 million euros and an accumulated loss of 0.1 million euros after offsetting against profit carried forward and participation certificates.
The decline in media revenues over the last three seasons by 3.2 million euros and transfer income, which fell by 2.9 million euros, contributed significantly to this negative development. While additional revenue from marketing, ticketing, events and merchandising increased by 2.1 million euros, it was not enough to compensate for the losses. Total sales fell to 33.7 million euros, which represents a decrease compared to the previous year (34.9 million euros). Managing director Holger Schwiewagner emphasized the central importance of football for the club's health, which should not be questioned in the future.
Transparency and responsibility
In parallel to the situation in Fürth, the DFL German Football League has published current financial figures for the 2025/26 season in the Bundesliga and 2nd Bundesliga. It is clear here that 36 clubs decided in 2018 to disclose key figures annually. This disclosure is intended to promote transparency and responsibility in the licensing process, as all clubs must have their economic performance, balance sheets and budgets audited annually.
Although the publication of key financial figures is voluntary and not required by law, it creates a valuable tool for assessing the economic health of the clubs. The DFL goes beyond UEFA's requirements, which only require disclosure for participants in European competitions. It is also clear from the published data that comparability of the figures is limited due to different accounting dates and legal structures.
Community and sport outside of football
Memberships are inclusive and there are also discounts for young people under 35. Berwick Golf Club continues to offer individual lessons with a golf professional as well as banquet facilities for private parties. These comprehensive offerings show how important it is to promote community and make sporting activities accessible to everyone, even beyond football.
Overall, it shows that although the challenges in the football sector are great, there are also positive developments in other sports that keep social cohesion and the well-being of the community in mind.