1. FC Union Berlin
1. Bundesliga
60
Robust
BETA
Key Metrics
Revenue
€120M
Personnel Cost Ratio
48%
Squad Value
€110M
Stadium
Stadion An der Alten Försterei
Owned (expanding) · 22,012
Union Berlin are the decade's rise story: 2019 first Bundesliga season, 2023 Champions League. The Stadion An der Alten Försterei was partly built by fans themselves — 22,012 seats, being expanded. The 48% personnel cost ratio shows disciplined management.
The €110M squad value is remarkable for a club that was in the second division just 7 years ago. Union have proven that humility and structure go further than money.
Robust: the Alte Försterei is small but their own. Growth is organic. The risk: can Union sustain this level or was the CL season an outlier?
Full Financial X-Ray in preparation.