Borussia Dortmund publish financial statements as Man City confirm Erling Haaland transfer

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Borussia Dortmund have confirmed Erling Haaland’s transfer to Manchester City in a financial update published on their website.

City confirmed the signing of Haaland on Tuesday in a brief statement, confirming that they have reached an agreement in principle with Dortmund for Haaland to move to the Etihad on July 1, subject to finalizing terms with the Norwegian striker . City are believed to have triggered Haaland’s €60m release clause, which equates to around £51m.

Meanwhile, Dortmund have posted an official update on their own website, noting that the transfer will give them a ‘positive effect’ for the 2022/23 financial year.

READ ALSO :Man City confirm £51m deal with Erling Haaland

Their statement read: “Player Erling Haaland (“Player”) is set to transfer from Borussia Dortmund GmbH & Co. KGaA (“BVB”) to Manchester City Football Club Limited (“Manchester City”). All parties agreed on the basics of this today.

“The contractual details have yet to be coordinated and documented. The implementation of the transfer is also subject to proper and timely processing in accordance with the provisions of the FIFA Transfer Matching System (FIFA TMS).

“With the realization of this transfer activity, management expects a positive effect on the key results figures (EBITDA, EBIT) for the financial year 2022/2023 in the range of approximately 35.0 to 40, €0 million Due to the opening of the FIFA international transfer window from 1 July 2022 and, among other things, other requirements of the regulatory associations, transfer activity will not fall within the scope of the transfer window. 2021/2022 financial year in progress, but from the 2022/2023 financial year.

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