BORUSSIA DORTMUND GMBH & CO. KGAA (FRA:BVB) Jadon Sancho close to move to Manchester United
Transparency directive : regulatory news
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DGAP-Ad-hoc: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Contract The player Jadon Sancho ("Player") is close to move from Borussia Dortmund GmbH & Co. KGaA ("BVB") to Manchester United Football Club Limited ("Manchester United"). This is the today's agreement of both clubs and the player in principle. Upon realization of this transfer Manchester United will pay BVB a fixed transfer compensation in the amount of 85.0 m. EUR. The contractual details now have to be coordinated and completed. Moreover, the formal processing of the transfer is still subject to the successful completion of all necessary medical tests and examinations, a coordination procedure with the player's previous club and the proper and timely processing in accordance with the provisions of the FIFA Transfer Matching System (FIFA TMS). With the realization of this transfer business, the management expects a positive effect on the key earnings figures (EBITDA, EBIT) for the 2021/2022 financial year in the amount of approx. 56.0 m. EUR. Dortmund, 01.07.2021 Borussia Dortmund GmbH & Co. KGaA Contact: Dr. Robin Steden Inhouse Counsel / Investor Relations
01-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Borussia Dortmund GmbH & Co. KGaA |
| Rheinlanddamm 207 - 209 | |
| 44137 Dortmund | |
| Germany | |
| Phone: | 0231/ 90 20 - 2746 |
| Fax: | 0231/ 90 20 - 852746 |
| E-mail: | aktie@bvb.de |
| Internet: | www.bvb.de/aktie // www.aktie.bvb.de |
| ISIN: | DE0005493092 |
| WKN: | 549309 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1214394 |
| End of Announcement | DGAP News Service |
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1214394 01-Jul-2021 CET/CEST