Olympique de Marseille (OM) has reported positive financial results for the first time in four years, achieving a surplus of 380,000 euros. This improvement is attributed to two key factors: a significant reduction in expenses, particularly in payroll, which decreased by 23% compared to the 2011-2012 season, and a substantial decrease in the debt on players’ contracts, which has been reduced from 33 million euros in June 2011 to 7.5 million euros as of June 30, 2013.
Additionally, the club highlighted its consolidation efforts during the same period, acquiring ownership of the Robert Louis-Dreyfus training center. Despite the ongoing renovation work on the Vélodrome stadium over the past three years, OM’s board of directors approved a budget of 124 million euros for the 2013-2014 season. This budget reflects a 21% increase in operating income and anticipates a positive financial result at the end of the season. The positive financial outcome marks a significant turnaround for Olympique de Marseille after several years of financial challenges.
