Sand got the knife: Layoffs cost Brøndby expensive

Back in July was one of the biggest bombs in the many years thrown in the premier League. Brøndby fired Ebbe Sand as the sports director after only six years

Ann McDonald
Ann McDonald
21 November 2019 Thursday 08:00
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Sand got the knife: Layoffs cost Brøndby expensive

Back in July was one of the biggest bombs in the many years thrown in the premier League.

Brøndby fired Ebbe Sand as the sports director after only six years in the Area and would instead demote him to another position. No, he was not interested in. In came the Carsten V. Jensen as fodbolddirektør.

at the same time stopped the executive director Jesper Jørgensen instantly and was replaced by Ole Palmå, who also had previously been in the club.

The dual exit has cost Bolton up against the 5.4 million kroner. It is apparent from the financial statements, as the club on Thursday has presented for the third quarter.

'staff Costs increased to 88.0 million. kr. (1. January to 30. september 2018: eur 79.9 million. kr.). Of the increase was 5.4 million. kr. attributable to non-recurring costs relating to the restructuring of the executive board and the sporting sector.'

It is not apparent from the financial statements, who has got the 5.4 million kroner, and how they have been distributed. There can also be other former or current employees than Ebbe Sand and Jesper Jørgensen, who has scored a small part of the money.

Brøndby IF want a new direction and has presented me with a new organizational structure. This implies that my role changed, and I have, after mature consideration decided that it is best that our paths diverge. I wish the club and its fans all the possible progress in the coming years, said Ebbe Sand back in July, after he for the second time in his life left the Area.

Ebbe Sand's early exit has not been cheap for Brøndby. Photo: Lars Poulsen
Crimson financial statements
Brøndby have had a deficit of 60,2 million for the first nine months of 2019. The deficit is expected to rise before the year is over.

Expectations from Brondby is that the total deficit for 2019 would be 75 to 79 million dkk before tax. In the recent announcement from Brøndby was the expectation for 2019, a deficit of 63 to 73 million dkk before tax.

- It is frustrating that we can observe, that we once again must adjust our expectations for the full year. We now expect that we will be in the range -75 million. kr. to -79 million. kr. We have in 2019 is made a part investment in the facilities and maintenance of the Brondby Stadium and has just completed a number of building projects with higher costs than expected.

- in Addition, we have experienced increased costs for our fodboldrelaterede activities, and at the same time, we have not realized transfergevinster to the extent that we had expected in 2019. Overall, this means that 2019 will be a very unsatisfactory year, says managing director Ole Palmå.

Brøndby - 21. nov. 2019 - at. 09:11 Crimson: Brøndby expect an even greater deficit

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Updated: 21.11.2019 08:00