What is the financial situation of SV Werder Bremen? SV Werder Bremen achieves a Financial Stability Score of 35 out of 100 (rating: red). The equity ratio stands at 21.8% (league average: 34.1%), the personnel cost ratio at 50.9%. The liabilities ratio is 59.6%. Equity stands at €22.3M.
Data as of:DFL Financials: FY 2023/24 (reporting date 30.06.2024)·Squad values: April 2026·Transfers: current·Update: DFL FY 24/25 expected May/June 2026
The Hanseatic comeback story. After years of financial crisis and near-relegation, Werder Bremen have stabilized under new management. The Weserstadion is owned, the cost structure reduced, and the club plays solid Bundesliga football. Not spectacular, but sustainable — a welcome change after the chaos of the 2010s.
Werder ist in der Rekonvaleszenz. Die Bilanz heilt, aber langsam. Jeder Rückschlag setzt den Heilungsprozess zurück.
Financial data shown is based on DFL Financial Indicators 2025 (FY 2023/24, reporting date 30.06.2024). The Bundesliga overall grew by 6.7% in 2024/25 to over €5 billion in revenue. Whether SV Werder Bremen benefited disproportionately will be revealed by the next DFL Financial Indicators, expected May or June 2026. The Outlook tab below contains an informed projection.
35
Fragile
Revenue 2023-24
€140.7M
Gross revenue · Konzern accounts
Personnel Cost Ratio
50.9%
League avg. 47.9%
Squad Value
€0M
BV €0M · Reserves €0M
Weserstadion
42.100 seats
Eigentum
Equity Ratio
21.8%
League avg. 34.1%
Liabilities Ratio
59.6%
League avg. 47.0%
Summary: The Hanseatic comeback story. After years of financial crisis and near-relegation, Werder Bremen have stabilized under new management. The Weserstadion is owned, the cost structure reduced, and the club plays solid Bundesliga football. Not spectacular, but sustainable — a welcome change after the chaos of the 2010s.
DFL License Check
Equity ratio has improved significantly after years of negative territory. Werder are on a positive trajectory but still carry legacy burdens.
Stabil im BL-Mittelfeld, aber ohne Puffer nach unten.
Structural Risks
Hoch
Abstiegs-Narbe
VQ 59,6% sind Erbe des Abstiegs + COVID. Normalisierung dauert.
Black Swan
Erneuter Abstieg
Bei VQ 59,6% und EK 22,3 Mio wäre ein zweiter Abstieg in 5 Jahren bilanziell verheerend. Erlöse halbieren sich, Verbindlichkeiten bleiben.
Outlook — FY 2024/25 Projection
Estimate · No official figures
Official DFL financial data covers FY 2023/24. Based on known parameters — transfer activity 2024/25, league growth (+6.7% per DFL Economic Report), sporting results — an informed projection for 30.06.2025 can be constructed. This estimate will be replaced once the official DFL financial data is published, expected May/June 2026.
Metric
FY 23/24 (DFL)
FY 24/25 (Estimate)
Revenue
€140.7M
~€150M
Personnel Costs
€71.7M
~€76M
Personnel Cost Ratio
50.9%
~50.7%
Estimated Result
€2.2M
~€2–2M
Estimated Equity
€22.3M
~€24–24M
Estimated Equity Ratio
21.8%
~22–22%
Simulator (coming soon): Scenario Simulator (coming soon): From summer 2026, you can run scenarios here — What happens upon relegation? What does Europa League qualification bring? Revenue, costs, required actions — interactive per club.
Frequently Asked Questions
Has Werder overcome the financial crisis?
Partially. The club has stabilized but still carries legacy burdens. The trajectory is positive — equity growing, costs controlled — but the buffer is thin.
Does Werder meet DFL requirements?
Yes, after years of concern. The improvement is genuine but needs to be sustained.