Borussia Dortmund GmbH & Co. KGaA: Players, Coaches and Managers Waive Part of Their Salaries
ACCESS Newswire
24 Mar 2020, 21:31 GMT+10
DORTMUND, GERMANY / ACCESSWIRE / March 24, 2020 / Borussia Dortmund's players voluntarily waive part of their salaries against the background of the current 'coronavirus' situation and thus show also solidarity with the Borussia Dortmund group's 850 employees and their families. This applies as long as match operations standstill or matches are played and carried out without spectators 'behind closed doors'.
Like the players, the managers in a modified way and the coaching staff also waive part of their salaries.
Borussia Dortmund GmbH & Co. KGaA can save up to a double-digit million amount in personnel costs, depending on the duration of the current situation, which will contribute to stabilize and secure the club as one of Dortmund's largest employers during this Corona crisis.
Contact:
Dr. Robin Steden
Inhouse Counsel / Investor Relations
SOURCE: Borussia Dortmund GmbH & Co. KGaA
View source version on accesswire.com:
https://www.accesswire.com/582275/Borussia-Dortmund-GmbH-Co-KGaA-Players-Coaches-and-Managers-Waive-Part-of-Their-Salaries
Share
Tweet
Share
Flip
Email
Subscribe and Follow
Get a daily dose of Miami Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Miami Mirror.
More InformationRobinhood launches stock tokens for EU investors, adds OpenAI
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
Wall Street diverges, but techs advance Wednesday
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
Greenback slides amid tax bill fears, trade deal uncertainty
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
Taliban seeks tourism revival despite safety, rights concerns
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
Nvidia execs sell $1 billion in stock as AI boom drives record prices
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
Tech stocks slide, industrials surge on Wall Street
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
UK lawmakers desigate protest group as terrorist organization
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
Dalai Lama to address Buddhist conference, reveal succession plan
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
US Supreme Court backs Texas efforts to shield minors online
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
Turkey, France battle wildfires amid early Europe heatwave
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
Venetians protest Bezos wedding with march through the town
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
New French law targets smoking near schools, public spaces
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...
