Hans-Joachim Watzke
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Hans-Joachim Watzke
Hans-Joachim "Aki" Watzke (born 21 June 1959, Marsberg, North Rhine-Westphalia) is a German businessman and football official. He is the CEO of Borussia Dortmund. Background Watzke watched his first games at the Rote Erde as a child, and has been a club member of Borussia Dortmund since 1996. Business career He earned a Master of Business Administration from the Paderborn University. He founded and grew Watex, a company making safety clothing, with sales of EU15-20m and 45 employees. Work at Borussia Dortmund He became treasurer of Borussia Dortmund in 2001. In 2005, at the climax of the club's financial crisis, he was appointed chief executive officer. Alongside chairman Reinhard Rauball and CFO Thomas Treß, Watzke is credited with having saved the club from bankruptcy. He restructured and streamlined the club, made rigid cost cuts, and operated a clear financial plan. A 20% pay cut was made for all players. In 2006, in order to reduce debt, the Westfalenstadion Westfal ...
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Hans-Joachim Watzke
Hans-Joachim "Aki" Watzke (born 21 June 1959, Marsberg, North Rhine-Westphalia) is a German businessman and football official. He is the CEO of Borussia Dortmund. Background Watzke watched his first games at the Rote Erde as a child, and has been a club member of Borussia Dortmund since 1996. Business career He earned a Master of Business Administration from the Paderborn University. He founded and grew Watex, a company making safety clothing, with sales of EU15-20m and 45 employees. Work at Borussia Dortmund He became treasurer of Borussia Dortmund in 2001. In 2005, at the climax of the club's financial crisis, he was appointed chief executive officer. Alongside chairman Reinhard Rauball and CFO Thomas Treß, Watzke is credited with having saved the club from bankruptcy. He restructured and streamlined the club, made rigid cost cuts, and operated a clear financial plan. A 20% pay cut was made for all players. In 2006, in order to reduce debt, the Westfalenstadion Westfal ...
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Marsberg
Marsberg () is a town in the Hochsauerland district, in North Rhine-Westphalia, Germany. History Although its origins are obscure, Marsberg was a prospering town by the 13th century (it was even minting coins). It was a free city until 1807, when it was incorporated into the Kingdom of Westphalia, until 1813. After two years of independent government, it was added to Prussia in 1815. Geography It is situated on the river Diemel, approx. 20 km east of Brilon and 30 km south of Paderborn. Neighbouring municipalities * Bad Arolsen * Bad Wünnenberg * Brilon * Diemelsee * Diemelstadt * Lichtenau * Warburg Town division Marsberg consists of the following 17 districts: * Beringhausen * Borntosten * Bredelar * Canstein * Erlinghausen * Essentho * Giershagen * Heddinghausen * Helminghausen * Leitmar * Meerhof * Niedermarsberg * Obermarsberg * Oesdorf * Padberg * Udorf * Westheim International relations Marsberg is twinned with: * Lillers (France) Notable people ...
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North Rhine-Westphalia
North Rhine-Westphalia (german: Nordrhein-Westfalen, ; li, Noordrien-Wesfale ; nds, Noordrhien-Westfalen; ksh, Noodrhing-Wäßßfaale), commonly shortened to NRW (), is a States of Germany, state (''Land'') in Western Germany. With more than 18 million inhabitants, it is the List of German states by population, most populous state of Germany. Apart from the city-states, it is also the List of German states by population density, most densely populated state in Germany. Covering an area of , it is the List of German states by area, fourth-largest German state by size. North Rhine-Westphalia features 30 of the 81 German municipalities with over 100,000 inhabitants, including Cologne (over 1 million), the state capital Düsseldorf, Dortmund and Essen (all about 600,000 inhabitants) and other cities predominantly located in the Rhine-Ruhr metropolitan area, the largest urban area in Germany and the fourth-largest on the European continent. The location of the Rhine-Ruhr at the h ...
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Association Football
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 players who primarily use their feet to propel the ball around a rectangular field called a pitch. The objective of the game is to score more goals than the opposition by moving the ball beyond the goal line into a rectangular framed goal defended by the opposing side. Traditionally, the game has been played over two 45 minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries, it is considered the world's most popular sport. The game of association football is played in accordance with the Laws of the Game, a set of rules that has been in effect since 1863 with the International Football Association Board (IFAB) maintaining them since 1886. The game is played with a football that is in circumference. The two teams compete to get the ball into the other team's goal (between the posts and under t ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Borussia Dortmund
Ballspielverein Borussia 09 e. V. Dortmund, commonly known as Borussia Dortmund (), BVB (), or simply Dortmund (), is a German professional sports club based in Dortmund, North Rhine-Westphalia. It is best known for its men's professional football team, which plays in the Bundesliga, the top tier of the German football league system. The club have won eight league championships, five DFB-Pokals, one UEFA Champions League, one Intercontinental Cup, and one UEFA Cup Winners' Cup. Founded in 1909 by eighteen football players from Dortmund, the football team is part of a large membership-based sports club with more than 145,000 members, making Borussia Dortmund the second largest sports club by membership in Germany. The club has active departments in other sports, namely in women's handball. Since 1974, Dortmund have played their home games at Westfalenstadion; the stadium is the largest in Germany, and Dortmund has the highest average attendance of any association football club ...
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Master Of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing ...
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Paderborn University
Paderborn University (german: Universität Paderborn) is one of the fourteen public research universities in the state of North Rhine-Westphalia in Germany. It was founded in 1972 and 20,308 students were enrolled at the university in the wintersemester 2016/2017. It offers 62 different degree programmes. The university has several winners of the Gottfried Wilhelm Leibniz Prize awarded by the German Research Foundation (DFG) and ERC grant recipients of the European Research Council. In 2002, the Romanian mathematician Preda Mihăilescu proved the Catalan conjecture, a number-theoretical conjecture, formulated by the French and Belgian mathematician Eugène Charles Catalan, which had stood unresolved for 158 years. The University Closely Collaborates with the Heinz Nixdorf Institute, Paderborn Center for Parallel Computing and two Fraunhofer Institutes for research in Computer Science, Mathematics, Electrical Engineering and Quantum Photonics. In 2018, world record for "optical d ...
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Treasurer
A treasurer is the person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance. Government The treasury of a country is the department responsible for the country's economy, finance and revenue. The treasurer is generally the head of the treasury, although, in some countries (such as the United Kingdom or the United States) the treasury reports to a Secretary of the Treasury or Chancellor of the Exchequer. In Australia, the Treasurer is a senior minister and usually the second or third most important member of the government after the Prime Minister and Deputy Prime Minister. Each Australian state and self-governing territory also has its own treasurer. From 1867 to 1993, Ontario's Minister of Finance was called the Treasurer of Ontario. Originally the word referred to the person in charge of the treasure of a noble; however, it has now m ...
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Reinhard Rauball
Reinhard Rauball (born 25 December 1946) is a German politician, member of the SPD, a trained lawyer, and football official. He is known for having served as president of football team Borussia Dortmund several times and also served very briefly as Minister of Justice of North Rhine-Westphalia. In addition to currently serving as president of Borussia Dortmund, he has also been President of the German Football League since August 2007. From November 2015 to April 2016, he was acting President of the German Football Association along with Rainer Koch. Rauball played football in the late 1960s for Dortmund 95. Career Lawyer Rauball, son of the lawyer Johannes Rauball, studied jurisprudence at Ruhr University Bochum and earned his doctorate there in 1971. He has worked as a lawyer at a legal firm in Dortmund since 1976. In the 1990s and 2000s he made a name for himself in particular as a sports lawyer, where he represented Katrin Krabbe, Nicole Uphoff and Graciano Rocchigiani as ...
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Westfalenstadion
Westfalenstadion (, ) is a Association football, football stadium in Dortmund, North Rhine-Westphalia, Germany, which is the home of Borussia Dortmund. Officially called Signal Iduna Park for sponsorship reasons and BVB Stadion Dortmund in UEFA competitions, the name derives from the former Prussian province of Westphalia. The stadium is one of the most famous football stadiums in Europe and is renowned for its atmosphere. It has a league capacity of 81,365 (standing and seated) and an international capacity of 65,829 (seated only). It is Germany's largest stadium, List of European stadiums by capacity, the seventh-largest in Europe, and the second-largest home to a top-flight European club after Camp Nou and before the Santiago Bernabéu Stadium. It holds the European record for average fan attendance, set in the 2011–12 Borussia Dortmund season, 2011–12 season with almost 1.37 million spectators over 17 games at an average of 80,588 per game. Sales of annual season tickets ...
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Christian Democratic Union Of Germany
The Christian Democratic Union of Germany (german: link=no, Christlich Demokratische Union Deutschlands ; CDU ) is a Christian democratic and liberal conservative political party in Germany. It is the major catch-all party of the centre-right in German politics. Friedrich Merz has been federal chairman of the CDU since 31 January 2022. The CDU is the second largest party in the Bundestag, the German federal legislature, with 152 out of 736 seats, having won 18.9% of votes in the 2021 federal election. It forms the CDU/CSU Bundestag faction, also known as the Union, with its Bavarian counterpart, the Christian Social Union in Bavaria (CSU). The group's parliamentary leader is also Friedrich Merz. Founded in 1945 as an interdenominational Christian party, the CDU effectively succeeded the pre-war Catholic Centre Party, with many former members joining the party, including its first leader Konrad Adenauer. The party also included politicians of other backgrounds, including libe ...
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