Germany: Werder Bremen record €87.9 million of revenue and a loss of €7.9 million in 2012-13

Werder Bremen (Bundesliga, GER) achieved a turnover of €87.9 million during the 2012-13 season, an increase of €3.8 million (+4.5%) and earnings before tax of €241,000, down 30.7% compared to 2011-12 (€348,000), the club said during its annual general meeting on the 18/11/2013.

The club posted a loss after tax of €7.9 million, but reduced its...