SV Werder Bremen
1. Bundesliga
48
Fragile
BETA
Key Metrics
Revenue
€130M
Personnel Cost Ratio
54%
Squad Value
€110M
Stadium
Weserstadion
Leased · 42,100
Werder Bremen have had one of the most turbulent decades: relegation 2021, promotion 2022, consolidation in the Bundesliga. Revenue of €130M is at the lower end for a first-division club. The Weserstadion is leased — no balance sheet reserve.
The 54% personnel cost ratio is borderline at this revenue level. The €110M squad value shows: Bremen operate in the budget segment. Transfer firepower is minimal.
Fragile: Bremen are one relegation away from an existential crisis. The TV revenue cliff would destroy ~60% of revenue.
Full Financial X-Ray in preparation.