Dortmund announce €14.2m net profit

Borussia Dortmund have announced a pre-tax profit for the first half of the fiscal year, and BVB chief Watzke believes the profit margin reflects the club's growing strength
Borussia Dortmund have announced a pre-tax profit of €17.5 million for the first six months of the financial year 2012-13.

The German giants recorded a net profit of €14.2m, which illustrates an early €1.4m increase on the previous financial year.

And club CEO Hans-Joachim Watzke believes Monday's figures represent Dortmund's ascension as a financial force in German football.

Speaking to reporters, Watzke said: "The numbers that we announce today are further evidence of the ever-growing economic strength of the BVB."

On Sunday, Watzke outlayed his ambitions for the club to announce a total revenue of €250m for the full financial year.

Dortmund look set to surrender their Bundesliga crown to Bayern Munich this season with Jupp Heynckes' men holding a 17-point lead over the reigning champions.