Lyngby Boldklub reveals 40 million DKK player budget

Lyngby Boldklub reveals 40 million DKK player budget

Lyngby Boldklub has a player budget of 40 million DKK for this season, according to CEO Andreas Byder. This is an increase from 21-22 million DKK in the 1. Division last season and 31 million DKK during their last Superliga promotion. Byder emphasizes that the budget includes salaries, bonuses, and agent fees.

How does Lyngby Boldklub spend the money?

Andreas Byder states that the club invests around 10 million DKK annually in its academy. Although competitors like Viborg and AGF have increased their investments, Byder believes Lyngby has a competitive advantage through their unique approach to talent development. He acknowledges, however, that the club has fallen behind in some areas.

What are Lyngby’s transfer income targets?

Lyngby Boldklub aims to generate 60 million DKK in transfer income over three years. Byder explains that this target is realistic and based on the club’s current squad. He mentions that he and sports director Nicas Kjeldsen discuss the budget annually to strike a balance between ambition and realism.

How do player sales affect the budget?

The club has already sold Tobias Storm to NEC Nijmegen for 12 million DKK in June. This puts Lyngby Boldklub well on their way to meeting their transfer income goals for the year. Byder stresses that the club does not include figures in the budget unless they have players available for sale.