Fiscal year 2020 21 1 FC Cologne with 3 9 million euros loss

The euro (EUR) is the unique currency of the Economic as well as Monetary Union, educated in the European Union; It is typical to nineteen European Union Participant States that form the euro area.
Four micro-states (Andorra, Monaco, San Marino as well as the Vatican) as well as 2 British bases situated in Cyprus (Akrotiri as well as Delia) are likewise allowed to utilize the euro and two non-member European nations, Montenegro and also Kosovo L make use of de facto.
Other nations have their nationwide currency relevant to the euro due to a previous mooring in the French franc or at the Portuguese Escudo: Benin, Bosnia and also Herzegovina, Burkina Faso, Cameroon, Cape Verde, Comoros, Congo (Brazzaville), Côte d Ivoire, Gabon, Equatorial Guinea, Guinea-Bissau, Mali, Niger, New Caledonia, French Polynesia, Wallis-et-Futuna, Central African Republic, São Tomé and also Principe, Senegal, Chad, Togo.
In use in its scriptural type on 1 January 1999, it is taken into circulation on 1 January 2002 at twelve o clock at night in its fiduciary type. He prospers ECU, the European Account Unit commissioned in 1979.
The euro is the second currency on the planet for the amount of the purchases, behind the US dollar as well as before the Chinese yuan.
Considering that October 2006, it is the very first currency in the globe for the quantity of tickets superior.
Since January 1, 2021, there were 26,468,962,663 superior tickets on the planet,
For a complete value of EUR 1,434,506,526,830, along with 138 068 816 079 coins for a complete worth of EUR 30,407,933,257, the entire standing for the amount of EUR 1,464,914,460,087 EUR.

The 1st FC Cologne has written a loss of 3.9 million euros pandemics in the 2020/21 financial year. However, the financing of the current season was secured, the Rhineland announced on Saturday at the General Assembly. The previous year s loss had 23.8 million euros.

500,000 EUR in cash.
The effects of the Corona pandemic have cost the 1st FC Cologne in the 2020/2021 season a lot of substance, said Final Managing Director Alexander Were. The pandemie-based loss of revenue in the past season, as almost exclusively ghost games took place, according to official information on 53 million euros.

Were: This enormous financial burden could be mitigated in addition to appropriate cost savings and the reconciled countermeasures such as the salary balance of players and those responsible only by special yields in the form of the forfeiting of sponsoring loosen or in-group restructuring.

Were thanked the permanent card coaches and sponsors who had helped with renewed waivers to improve the earnings improvement. The Countries of Cologne and the Cologne Sportscaster GmbH at the stadium spoke was also highlighted in this context. Thus, the Geißbockklub also had a very stable equity of around 17 million euros as of June 30, 2021.

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The first Bundesliga master presented with €140.6 million compared to the previous year (122.5 million) improved earnings development.

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