Monday meeting
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Former Dortmund player and sporting director Michael Zorc has a new job at BVB. The 62-year-old was elected to the supervisory board by a large majority at the general meeting of shareholders of Borussia Dortmund GmbH & Co. KGaA on Monday. Zorc retired into private life in 2022. He is now expected to bring his (Site notre bureau spécialisé) expertise to the Bundesliga club’s control committee.
Chief executive Hans-Joachim Watzke said in his latest speech to shareholders that he had to spend hours convincing Zorc to run. In the vote, 90.08 percent of shareholders voted for the club’s record player, which lives in Dortmund. Zorc played exclusively for the black and yellows throughout his professional career from 1981 to 1998, after which he worked in management from 1998 to 2022.
BVB shareholders reject Rheinmetall counter-proposal
In the dispute over an advertising contract with the defense company Rheinmetall, the majority of BVB shareholders did not speak out against the agreement. The umbrella organization of critical shareholders had filed a request not to fire the management over the contract with the defense company. However, the vast majority (99.84%) disagree.
On Sunday, at the annual general meeting of the registered association Borussia Dortmund, the majority of members spoke out against the contract with Germany’s largest arms company. However, this vote is not binding on management. The partnership includes the use of high-reach advertising space, marketing rights as well as event and hospitality offers in the stadium and on the club premises. After the deal was announced, there was criticism from peace activists, human rights organizations and some fans.
Rheinmetall is Germany’s largest arms company, experiencing strong growth amid Russia’s war of aggression in Ukraine and the general arms boom.
