Maybe not everyone knows that as Dortmund's top scorer for three consecutive seasons, Lewandowski has been officially authorized by Dortmund Club as early as a season ago, authorizing him to find a new club by himself, and then after the end of this season, as long as the other party bids the right price, Lewandowski can transfer away. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Borussia Dortmund club officials also promised Lewandowski that they would never make things difficult for the Polish striker on the transfer issue.

It's hard to imagine why Borussia Dortmund would allow their top scorer to leave the team so lasciviously, and shouldn't the normal course of action be to keep him through a contract extension?

This has to talk about Dortmund's financial policy, because in the past, because of the large number of star signings, given very exaggerated contracts, resulting in a very heavy financial burden on the club, when the team's performance is not satisfactory, the pressure brought by high salaries erupted, resulting in Dortmund into a serious financial crisis, they have to rely on the sale of stars to maintain operations, to avoid bankruptcy.

At that time, the club's financial deficit was 98 million euros!

How difficult was Dortmund during that time?

They even borrowed money from their sworn enemy Bayern Munich!

Bayern Munich had lent Dortmund two million euros at an interest rate of 8 percent.

You know, in 2000, Dortmund was the only listed club in the Bundesliga, and the opening price was 11 euros that year, and even Bayern Munich's general manager Hoeness was attracted to buy a lot of Dortmund shares. But in the end, due to Dortmund's poor management, the club was heavily in debt, and the stock price fell again and again.

In the 2003-2004 season, Dortmund, who went to the Champions League play-offs as the third place in the league, was eliminated by Club Brugge in the play-offs, and the Champions League prize money was lost, and Dortmund's stock fell sharply on the stock market, hitting a maximum drop of 16% on the same day, and the stock price once fell to 2.38 euros per share. It is the lowest share price of Dortmund since its listing.

Now, 12 years later, Dortmund's share price has not risen to four euros today......

In 2002, on the one hand, just won the league championship, this season to continue to deepen the competition with Bayern Munich needs to burn money, on the other hand, the bankruptcy of the Kirsch Group brought financial crisis to the Bundesliga team, Dortmund was not spared, Dortmund club, which needed money, paid attention to making money to the sacred temple West in the hearts of Dortmund fans** On the course, they sold 94 percent of the stadium's shares to Mercanola's Morse Rees Group for 75.4 million euros, while they paid 17 million euros a year in rent to continue using West** Stadium, which lasted until 2017.

Dortmund at that time probably never imagined that this would be the straw that would almost break them down.

2005 was the saddest time for Dortmund, when Dortmund was even on the verge of bankruptcy, on March 15, 2005, the German Football League will conduct a financial qualification review for each club, but at this time, Dortmund's debt problem broke out, the key is the debt problem of Morse Rees Group and Dortmund, which bought the stadium at the beginning, because at this time, there is a debt of 15 million euros between Dortmund and Morse Rees that is due, and they must repay the money at the beginning of next season.

But Dortmund now has no money to come up with, and if they have to pay the debt, Dortmund will have to declare bankruptcy. According to statistics, by mid-2006, Dortmund's total debt will reach a record 134.7 million euros.

Fortunately, Dortmund and the Morse Rees Group negotiated an agreement, and the Dortmund club received more than 75 percent of Morse Rees' support, and the Morse Rees Group agreed to postpone the 15 million euros a year debt that should have been repaid from next season.

At that time, Hans Watzke, the current CEO of Borussia Dortmund, had only been in charge for a few months.

The success of the negotiations provided a crucial respite for Dortmund.

The new club's CEO, Watzke, teamed up with Oliver Coren of Morgan Stanley Investment Bank, who noticed that although Dortmund were in a financial mess and their results were not good, the loyalty of the fans was the highest in the Bundesliga, as evidenced by the increase in attendance at the Wester** Stadium when the team played.

Roland Berger Strategy Consultants and a team of lawyers and auditors were then brought in to draw up a recovery and financial restructuring plan for Dortmund.

They received a 15-year loan of 80 million euros from Morgan Stanley, of which 51 million was used to buy back 51 per cent of the ownership of West** Stadium, which helped the club significantly reduce the annual rent payments and ease the financial pressure on the club. The other $20 million was used to balance the debt and negotiate with creditors to get them to postpone Dortmund's repayment and lease repayments. Sold Rosicky, Amorosso and other superstars to earn money, while terminating their high salary bills, and all the players who remained in the team took a pay cut. Zero or little investment in the transfer market. Contracts for various sponsors have been extended. Despite the opposition of Dortmund fans to the sale of the naming rights to the West** Stadium for six years, the stadium was renamed the "Signal Iduna Signal Park Stadium", but the move resulted in a naming fee of 20 million euros for the club......

All in order to pay off the huge debt as soon as possible so that Dortmund can get back on their feet.

In times of financial crisis, Dortmund are used to tightening their belts to survive. In terms of player salaries, Dortmund is very stingy, after all, player wages are fixed every year, and it is of course the most effective to use a knife on this.

In fact, as early as 2003, due to Dortmund's elimination in the Champions League qualifying round, there was news that the club required players to voluntarily reduce their salaries by 20%.

Prior to that, Dortmund had spent 52 million euros a year on player salaries, which was one of the top 32 European clubs in that year – exactly the number of teams participating in the Champions League, but Dortmund did not qualify for the Champions League.

The high salary investment did not pay off in terms of performance and financial benefits, and the club was in deep financial crisis and overwhelmed.

Later, the club controlled their annual wage expenditure at around 35 million euros by selling high-wage players and forcing other players to take pay cuts.

However, after Watzke became the team's CEO, Dortmund began to rebuild, and the first step was still to take a pay cut - for Dortmund, the annual wage bill of 35 million euros is still an unbearable burden.

In the end, after hard work, Dortmund FC controlled the wages of the first team players at around 28 million euros a year, which is really embarrassing to think of the 52 million euros during Dortmund's "deep pockets" period.

Since then, Dortmund have been very stingy in the salary expenditure of players, and when Götze renewed his contract with the club in 2012, the annual salary of 4.6 million yuan was the maximum salary of the first team. Before that, his annual salary was one million euros......

Before Gotze, Dortmund's maximum salary in the team belonged to captain Kyle, three million euros.

You must know that in the just-concluded 2012-2013 season, Dortmund's first-team salary expenditure has not yet returned to the level of 52 million euros ten years ago.

It is conceivable how hard Dortmund is in this regard.

It is also because of this "picking" that it is difficult for Dortmund to retain their players.

For example, why did Shinji Kagawa go to Manchester United?

On the one hand, Manchester United is attractive enough to Shinji Kagawa, and on the other hand, Dortmund and Shinji Kagawa have been arguing for a long time on the issue of annual salary when they were negotiating contract renewal. In the end, because of Manchester United's intervention, Dortmund offered Kagawa a new contract with an annual salary of 3 million, which was double the annual salary of 1.5 million he received at that time, but Kagawa Shinji still rejected Dortmund and chose to join Manchester United with a salary of 6 million euros a year. This salary is more than double the three million that Dortmund gritted his teeth and gave land!

And the problem between Lewandowski and Dortmund is also in the annual salary......