How is the economic crisis effecting teams in Germany?
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09-22-2010, 02:59 PM
Join Date: Sep 2002
Location: Hamburg, Germany
Originally Posted by
The Euro has been over 1.50 USD for the past 2 years or more. It's now under 1.20 That's quite a drop for players and teams to deal with.
Sanderson, have a look at any financial chart and you will see the Euro has been strong each of the past 3 summers so your info in wrong.
Soory to bring up this old one, but I completely forgot about it.
No, I wasn't wriong. As a matter of fact, I looked up all the numbers right before posting, and most of the time, the Euro was around 1.30, with the occasional peak. It made absolutely no difference to the players, as they knew exactly what kind of money they were getting. They didn't sign their last contract at 1.50 and had it drop to this season. The Euro was at 1.30 when they signed their last deals, and it was at 1.30 when they signed their new deals.
I really can't see Hannover surviving with that kind of budget next year. With that kind of reduction, having to play in a rather expensive big arena is making things even worse.
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