Borussia Dortmund Retains Hans-Joachim Watzke as CEO

Bundesliga giants Borussia Dortmund have renewed the contract of the chief executive Hans-Joachim Watzke.

The “BVB” and Hans-Joachim Watzke extended the current contract, viagra dated until June 2016, impotent until December 2019, buy reports Xinhua.

“Hans-Joachim Watzke has done an outstanding job in the past few years. He is the architect of Dortmund`s recent successes. Dortmund is delighted to have such a professional at the top of the management until at least 2019,” President Reinhard Rauball told the club`s official homepage.

Watzke joined the club in 2005 to avoid the insolvency. The 55-year-old CEO was able to quadruple the revenues in eight years. Besides that he was able to reduce liabilities into the millions.

With Watzke, the club set course for the German championship in 2011 and the domestic double in 2012. In addition, Dortmund reached the UEFA Champions League final where they lost to rivals Bayern Munich.

“Dortmund has developed economically into one of the healthiest representatives of the European football at the top level. I am convinced that we are yet not at the end of our journey,” Watzke said.

Borussia Dortmund were runners up last year to Bayern Munichin the Bundesliga.

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