On Thursday, March 21, 2019, Wolfgang Steubing, Chairman of the Supervisory Board of Eintracht Frankfurt Fußball AG, and Reinhard Grindel, President of the German Football Association (DFB), talked about the future of German football. Professor Dr Horst Löchel, Professor of Economics at Frankfurt School, presented the panel.
Karolina Kristic, Chancellor and CFO of the business school, officially welcomed the guests. She emphasised that Frankfurt School and football fit together because of two reasons: “Football is a big business that needs experts in finance and management as well as leadership. Also, football stands for integration and internationality – just like Frankfurt School.”
“There is a growing disparity between the professional football-clubs and the supporters. What will you do against an increasing tension?”, asked Professor Dr Horst Löchel.
“We have to give something back. It is unacceptable that there are waiting lists for children who want to start playing football in a club. Together with the municipalities as well as the professional clubs we have to improve the infrastructure. The Euro 2024 in Germany will give us a boost”, said Reinhard Grindel.
Furthermore, the panelists discussed the UEFA Financial Fair Play Regulations. “Many clubs do not meet the standards – the big players can invest as much as they want. On a financial level – even FC Bayern cannot compete with clubs that are supported by national governments”, emphasised Wolfgang Steubing. This is why, in his view, there is a need that investors have to be controlled more properly.
Following, especially Frankfurt School students asked questions about current and future developments in German and European football