Leipzig’s debts have jumped by 30 million
The debts of the Leipzig rose to 83.25 million euros at the end of the calendar year 2016, reports Die Welt. Compared to 12 months earlier, the German club owed EUR 52.38 million. Leipzig’s management has not violated the rules of financial fair play, as it has announced revenues of over 120 million euros.
A spokesman for the club said the board did not worry about the club’s financial position. In the last campaign, Leipzig finished second in the First Bundesliga and qualified for the Champions League.