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How Much Revenue Does Dinamo Tbilisi Have?

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Natia Taktakishvili
21.07.22 19:00
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Businessman Roman Pipia plans to sell "Dinamo Tbilisi" and holds negotiations with investors regarding this issue. It is not yet known who will be the new owner of the football team.

According to the 2021 financial statements published by "Dinamo Tbilisi", the assets of the football club amount to GEL 13.9 million. In addition, according to the financial report, the club's liabilities are GEL 16.5 million.

As of the document, in 2021 the club received an income of GEL 13.1 million, which was distributed as follows:

Income received from the sale of tickets - GEL 46,152;
Sponsorship and advertising - GEL 365,058;
broadcast rights - GEL 49,190;
Commercial income - GEL 765,767;
UEFA solidarity and prize money - GEL 2,979,180;
Subsidy from state and municipal bodies - GEL 3,113,400;
Income from non-football activities - GEL 2,007,181;
Other operating income - GEL 3,821,536.

According to the financial report, last year the club spent GEL 5 million on player salaries and benefits, personnel expenses were GEL 4.8 million GEL, and other operating expenses were GEL 4.5 million. Overall, "Dinamo Tbilisi" ended last year with a profit of GEL 5.9 million.

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