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The park expects gigantic deficit

Coronapandemien hurt at the Park, Sport & Entertainment, the company behind FC Copenhagen.

In an announcement Friday at 17.58 informs the company that it expects to come out of fiscal year 2020, with a deficit of between 150 and 200 million kroner before tax.

Previously, the company expected to come out with a result between 0 and 20 million dollars in profits.

The new profit forecast is subject to great uncertainty, says the fondsbørsmeddelelsen.

the Expectation is based, among other things, that FC Copenhagen to qualify for the Europa League group stage in the upcoming season, which has a value of 50 million Danish kroner before taxes.

the Company expects to come out by 2020 with a turnover in the level 550-650 million. Previously known as the expectations 900-950 million.

the Park Sports and Entertainment also owns the Property-badelandene, who long kept closed due to coronaviruses.

Chairman of the board Bo Rygaard says in a press release, that both the FCK and the Lalandia has delivered satisfactory results in a difficult time.

- We are still in a situation that is literally changing from day to day in both directions.

- of course It is frustrating and annoying, that covid-19 pandemic has hit us hard over a broad front from the soccer ball to Property, but we can rejoice that both FC Copenhagen and the Lalandia under the difficult circumstances, have provided satisfactory results, says the chairman of the board.

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