Financial table: 2. Bundesliga · Germany 2020/21

Column

Financial table 2. Bundesliga 2020/21, sorted by points
Pos.	Club
1	Jahn Regensburg	1215.5	3155%	377%	345%	30.3×	4	12±0	12.0	14	2.8
2	Darmstadt 98	1215.1	399%	357%	348%	30.7×	4	12±0	12.0	7	2.1
3	Holstein Kiel	1214.3	380%	348%	355%	31.1×	4	11+1	11.7	3	1.4
4	Karlsruher SC	1012.1	247%	336%	261%	31.8×	2	11−1	10.0	6	−5.8
5	Greuther Fürth	1011.4	372%	225%	354%	22.9×	2	12−2	11.3	2	−0.5
6	Paderborn 07	911.0	392%	346%	083%	31.2×	3	12−3	8.7	9	−0.6
7	Hamburger SV	910.4	235%	225%	350%	23.0×	1	9±0	8.7	4	−4.7
8	Düsseldorf	67.7	237%	117%	352%	04.8×	1	6±0	6.7	5	−2.0
9	St. Pauli	56.4	119%	114%	360%	06.2×	1	8−3	6.7	10	−5.7
10	Heidenheim	56.3	17%	15%	342%	017.9×	1	5±0	5.0	8	1.5
11	Braunschweig	56.3	117%	110%	358%	08.8×	1	–	7.0	17	−0.8
12	Sandhausen	55.8	19%	18%	359%	011.5×	1	1+4	3.3	15	1.0
13	Hannover 96	46.0	123%	116%	266%	05.3×	0	8−4	7.0	13	−8.8
14	Nürnberg	22.9	0−30%	0−14%	261%	0equity < 0	0	6−4	4.3	11	−9.4
15	Bochum	22.4	0−31%	0−21%	266%	0equity < 0	0	3−1	3.3	1	−4.9

Source: DFL Deutsche Fußball Liga, 2020/21 · 15 of 18 clubs

Clubs by points

12
10
9
6
5
4
2

3 of 15 clubs meet all four targets; the fewest points come from the leverage

2020/21, points per ratio, at most 12

Source: DFL, club financial figures

Jahn Regensburg has led the financial table for 2 seasons

Place 1 to 16 by points, 2018/19 to 2020/21

Source: DFL, club financial figures

Bochum: place 1 in the table, place 15 on finances, the widest gap in the 2. Bundesliga 2020/21

2. Bundesliga 2020/21, rank correlation 0.22

Source: DFL, club financial figures; final tables

Method

Four key figures, 0 to 3 points each, equally weighted, 12 at most. Three points: target met. On equal points the fine score decides: within each band, the distance to the next threshold; above the target, the distance beyond it with decreasing weight; at most 4 per key figure. Then the average of all seasons. Peer group: the clubs of the same league and season.

Key figure	3 points	2 points	1 point	0 points
Fixed-asset coverage AC Equity ÷ fixed assets	> 60%	> 30%	> 0%	≤ 0%
Equity ratio EQ Equity ÷ total assets	> 30%	> 20%	> 0%	≤ 0%
Wage ratio WR Wage bill ÷ revenue	< 60%	< 70%	< 80%	≥ 80%
Leverage LV Debt ÷ equity	< 2	< 3	< 4	≥ 4 or negative equity

Wage ratio on the DFL's gross result; debt is total assets less equity. Subsidies from third parties are not on the balance sheet. Points are not licensing criteria of the leagues. Definitions: Data and method.

Scoring and thresholds after Christoph, Meenzer on Tour: ‘Die Finanzen der Männer-Bundesliga-Clubs: Abschlusstabelle 2026’, 21 August 2026.