Financial Football

Financial table

  • Hoffenheim

    • AC190%
    • EQ83%
    • WR37%
    • LV0.2×

  • Bayern München

    • AC106%
    • EQ70%
    • WR51%
    • LV0.4×

  • Freiburg

    • AC167%
    • EQ77%
    • WR58%
    • LV0.3×

  • Dortmund

    • AC69%
    • EQ59%
    • WR45%
    • LV0.7×

  • Leverkusen

    • AC81%
    • EQ53%
    • WR52%
    • LV0.9×

  • Mainz 05

    • AC74%
    • EQ45%
    • WR46%
    • LV1.2×

  • Paderborn 07

    • AC98%
    • EQ38%
    • WR57%
    • LV1.6×

  • Augsburg

    • AC61%
    • EQ39%
    • WR48%
    • LV1.6×
Column
Financial table Bundesliga 2019/20, sorted by points
Pos. Club
1 Hoffenheim 1215.73190%383%337%30.2×412±02018/19: 12 · 2019/20: 1212.060.6
2 Bayern München 1215.13106%370%351%30.4×412±02018/19: 12 · 2019/20: 1212.019.8
3 Freiburg 1215.03167%377%358%30.3×412±02018/19: 12 · 2019/20: 1212.080.1
4 Dortmund 1214.7369%359%345%30.7×412±02018/19: 12 · 2019/20: 1212.02−44.0
5 Leverkusen 1214.6381%353%352%30.9×412±02018/19: 12 · 2019/20: 1212.050.0
6 Mainz 05 1214.5374%345%346%31.2×412±02018/19: 12 · 2019/20: 1212.013−2.1
7 Paderborn 07 1213.8398%338%357%31.6×45+72018/19: 5 · 2019/20: 128.5185.1
8 Augsburg 1213.7361%339%348%31.6×412±02018/19: 12 · 2019/20: 1212.0151.2
9 RB Leipzig 1112.6243%334%345%31.9×311±02018/19: 11 · 2019/20: 1111.038.9
10 Mönchengladbach 1012.1249%343%267%31.3×211−12018/19: 11 · 2019/20: 1010.54−16.8
11 Düsseldorf 67.7234%116%347%05.3×18−22018/19: 8 · 2019/20: 67.0170.0
12 Frankfurt 57.2129%120%358%04.0×112−72018/19: 12 · 2019/20: 58.59−37.2
13 Wolfsburg 56.6125%114%359%06.2×14+12018/19: 4 · 2019/20: 54.570.0
14 Köln 46.3120%115%261%05.6×011−72018/19: 11 · 2019/20: 47.514−24.7
15 Hertha BSC 45.9233%119%172%04.3×06−22018/19: 6 · 2019/20: 45.010−53.5
16 Union Berlin 33.60−43%0−35%352%0equity < 013±02018/19: 3 · 2019/20: 33.011−7.8
17 Werder Bremen 33.00−32%0−24%360%0equity < 015−22018/19: 5 · 2019/20: 34.016−23.8
18 Schalke 04 22.50−44%0−38%265%0equity < 003−12018/19: 3 · 2019/20: 22.512−53.1

Source: DFL Deutsche Fußball Liga, 2019/20 · 18 clubs

Clubs by points

  1. 12 HoffenheimBayern MünchenFreiburgDortmundLeverkusenMainz 05Paderborn 07Augsburg
  2. 11 RB Leipzig
  3. 10 Mönchengladbach
  4. 6 Düsseldorf
  5. 5 FrankfurtWolfsburg
  6. 4 KölnHertha BSC
  7. 3 Union BerlinWerder Bremen
  8. 2 Schalke 04

8 of 18 clubs meet all four targets; the fewest points come from the leverage

2019/20, points per ratio, at most 12

Source: DFL, club financial figures

Hoffenheim has led the financial table for 2 seasons

Place 1 to 18 by points, 2018/19 to 2019/20

Source: DFL, club financial figures

RB Leipzig: place 3 in the table, place 9 on finances, the widest gap in the Bundesliga 2019/20

Bundesliga 2019/20, rank correlation 0.47

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 figure3 points2 points1 point0 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.