1.FC Union Berlin: record revenues of €174.1m & a record net profit of €18.1m in 2022-23

1 FC Union Berlin (Bundesliga) posted record revenues of €174.14m during the 2022-23 financial year, up 42.6% on 2021-22 (€122.1m), announced the club at its annual general meeting held at the Stadion An der Alten Försterei (Berlin, GER) on 08/10/2023.

The German club, fourth in the Bundesliga at the end of the season during which it also reached the last 16 of the Europa League, also posted an unprecedented net profit of €18.1m (compared with €12.7m in 2021-22) and "for the first time in the club's history, positive equity of €1.79m as of 30/06/2023."

Having qualified for the group stage of the Champions League in 2023-24, Union Berlin are forecasting revenues of around €190m, a positive net profit of €10.95m and positive equity capital of €12.74m at 30/06/2024.

• 1,099 of 1.FC Union Berlin's 62,722 members attended the annual general meeting held at the Stadion An der Alten Försterei (Berlin, GER) on 08/10/2023.

"The extraordinary sporting results have consolidated our economic stability and facilitates the investments in football and our infrastructure" (D. Zingler, 1.FC Union…