Wiener Austria cheers: 11.24 million euros plus in the 2023/24 financial year

Wiener Austria cheers: 11.24 million euros plus in the 2023/24 financial year

Viennese Austria shows a gratifying finance in the past 2023/24. Despite earlier financial difficulties, the Bundesliga club was able to complete an increase of 11.24 million euros. The reason for this positive balance sheet surplus is a unique effect: the loan for the Generali Arena has been eliminated. This has contributed significantly to relieving the financial situation.

The information on this was recently published by Kurier in its online edition. The club's debt is now at 59.44 million euros. This reduction in liabilities creates scope for future investments and a potential improvement in the club's sporting situation.

unique source of income

The decision to pay off the loan for the Generali Arena was strategically important to secure the long -term financial stability of Austria. Such measures are decisive, especially according to the financial challenges that have affected the club's sporting development in previous years. The football club is planning to use the financial resources in order not only to secure the operational activity, but also to strengthen the squad for coming seasons.

Fans can hope for positive developments, while the club management focuses on the next steps. A financial cushion creates the necessary flexibility to possibly sign new players or to carry out existing contract extensions.

For further details of the financial situation and for future planning, interested parties can report the www.derstandard.at read.

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