Emmanuel Thomas, DPA, Monday, May 22, 2023
Dortmund shares soar after crucial Bundesliga win
MUNICH – Borussia Dortmund shares in the stock exchange were on a high in Monday’s early trading after the club moved up to the top of the Bundesliga table ahead of Bayern Munich with one game to go.
The share price moved up by 14.41%, with one share costing €5.08 ($5.49).
Dortmund took the upper hand in the title race after they defeated Augsburg 3-0 on Sunday, while Bayern were defeated 3-1 by RB Leipzig a day before.
A win against Mainz at home next Saturday secures Dortmund their first Bundesliga title in 11 years.
Bayern have took the trophy home in the past 10 seasons, setting a league record, and Dortmund CEO Hans-Joachim Watzke believes that this could have been prevented if his team had defeated the Bavarians in the 2013 Champions League final.
Bayern won the game in London 2-1 with a 89th-minute goal by Arjen Robben.
Watze was quoted by the Kicker magazine as saying that Dortmund should have “made a clearer claim to win the game at all costs.”
That would have been “the ultimate opportunity to shift the balance of power in German football in a different direction.”