Watzke Vermögen

Watzke Vermögen

Watzke Vermögen - He obtained a Master's Degree in Business Administration. She founded and grew Watex, a company that performs security clothes, with sales of EU15-20M and 45 employees. He became treasurer of Borussia Dortmund in 2001.

Watzke Vermögen

In 2005, in the climax of the club's financial crisis, he was appointed executive director. Together with the president, Reinhard Rauball and the CFO Thomas Treß, Watzke, he liked to have saved the bankruptcy club. He restructured and rationalizes the club, made rigid cost cuts and operated a clear financial plan. He became a 20% payment cut for all players. In 2006, to reduce debt, Westfalenstadion was changed the name of "Signal Iduna Park" after a local insurance company (the Rights Appointment Agreement is executed up to 2021).