RCS - Borussia Dortmund - Jadon Sancho close to move to Manchester United

Borussia Dortmund GmbH & Co KgaAAnnouncement

01/07/2021 12:00

RNS Number : 8505D
  

Borussia Dortmund GmbH & Co. KGaA
  
01 July 2021
  
 




Borussia Dortmund GmbH & Co. KGaA / Key word(s): Contract

Jadon Sancho close to move to Manchester United



01-Jul-2021

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.
 
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

Borussia Dortmund Geschäftsführungs-GmbH

Contact:

Dr. Robin Steden

Inhouse Counsel / Investor Relations 



End of ad hoc announcement
 
01-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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



 

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