Borussia Dortmund’s stock fell over 0.5% to €3.66 amid an escalating power struggle between the club’s top executives. The outgoing CEO, a 66-year-old veteran, has announced his candidacy for the presidency, directly challenging the incumbent. Their rift, stemming from a controversial €20 million sponsorship deal with a defense contractor, has turned personal—with public snubs and leaked compliance investigations. While no misconduct was found, the infighting risks destabilizing investor confidence ahead of November’s hybrid-member vote, where the CEO-turned-candidate holds stronger support.
Iconic Return Offers Silver Lining
In a strategic move to bolster brand sentiment, Dortmund is negotiating with a 36-year-old club legend—currently playing in the MLS—to become a global ambassador. The former captain, whose contract with Los Angeles Galaxy may extend to 2027, could represent the club at major events before retiring. This dual-track approach underscores Dortmund’s efforts to leverage legacy players commercially while navigating internal turbulence. Market analysts view the ambassador deal as a stabilizing signal amid leadership uncertainties.