VfL Wolfsburg
1. Bundesliga
75
Robust
BETA
Key Metrics
Revenue
€220M
Personnel Cost Ratio
50%
Squad Value
€200M
Stadium
Volkswagen Arena
Owned (VW) · 30,000
Wolfsburg are Volkswagen's works team — a 50+1 exception like Leverkusen. VW controls the club entirely. This guarantees financial stability but limits fan identification: the Volkswagen Arena only fills for top matches.
The 50% personnel cost ratio is solid, the €200M squad value moderate. Wolfsburg operate under the radar — no glamour but no crises either. Regular expensive transfers that rarely deliver expected returns.
Robust through VW backing, but without organic growth potential. As long as VW pays, Wolfsburg are safe. The risk: VW has its own problems (EV transformation, job cuts).
Full Financial X-Ray in preparation.