Should I buy a mid-level German Football Club?

[joshuadowen]

Let's assume that if I really wanted to, I could afford this. I'm a huge football fan. I don't speak German. Thoughts?

 

[lesam]

I am german, and i can tell you that there are tons of clubs out there without money, all great heritage and names. The first question is: When it´s such a successful club, why is it for sale?

I wouldn´t even think about it, especcially without speaking german, no knowledge of the german league system and such, and first of all: no personal relationship to the club.

 

[joshuadowen]

When it´s such a successful club, why is it for sale?

This is my main concern. The sale price seems to only be at about 1x revenue, which seems... silly cheap.

 

[dragon8]



I am german, and i can tell you that there are tons of clubs out there without money, all great heritage and names. The first question is: When it´s such a successful club, why is it for sale?

I wouldn´t even think about it, especcially without speaking german, no  knowledge of the german league system and such, and first of all: no personal relationship to the club.

This is my main concern. The sale price seems to only be at about 1x revenue, which seems... silly cheap.

The current owner could be borrowing money against the franchise and needs to repay. Could be a divorce settlement.

 

[legorogel]

Don't forget when they say football they mean soccer

 

[LooksGood]

jesus christ you guys are rich.

 

[dragon8]



jesus christ you guys are rich.

 

I wish

 

[VaderDave]

It doesn't look like you'd be buying the whole thing--only a majority share.

 

[akatsuki]

Hansa Rostock maybe?

 

[legorogel]

a bit of research and i think they talk about 'sc victoria hamburg'.

 

[joshuadowen]

I contacted the lister for more information and never heard back. Oh well.

 

[wj4]



jesus christ you guys are rich.

 

Use it as motivation.

 

[thecentennial]

Prolly saddled with debt

 

[Stewbone]

Yeah seems too good to be true given the information provided.