Dynamo Kyiv run on €35-40m a year, excluding transfers

The annual budget of Dynamo Kyiv, champions of Ukraine in the 2024–25 season, amounts to €35–40 million, excluding player transfers. This was disclosed by the club’s CEO, Dmytro Brif, in an interview with Tribuna.

"Maintaining a professional football club is an enormous expense," Brif stressed.

According to him, Dynamo’s expenditures reached UAH 1.6 billion last year (about €36.5 million). In the first eight months of 2025, expenses had already exceeded UAH 1 billion (€22.3 million).

"So the club’s budget averages €35–40 million a year. That figure does not include possible transfer spending or large-scale infrastructure upgrades," the CEO explained.

The budget covers taxes, utilities, team travel, training camps, and participation in competitions.

With ticket sales and broadcasting rights severely restricted during the war, Dynamo has had to rely on other revenue streams. One of the most important is player sales. According to Brif, Dynamo consistently earns from transfers, enabling reinvestment in infrastructure and the youth academy.

A prime example is defender Illia Zabarnyi: Dynamo will ultimately receive about €40 million from his move to Bournemouth, including the initial fee, 20% of the profit from resale to PSG, and a solidarity payment for his training.

Sponsorship deals — more than a dozen active contracts — represent another vital income source. Potentially the most lucrative, however, is participation in European competitions. This season Dynamo missed out on the Champions League and Europa League, qualifying instead for the UEFA Europa Conference League. "Reaching the Champions League group stage would cover the club’s entire budget for the year," Brif admitted.

At present, TV rights bring in no revenue for Dynamo, while ticket sales are also negligible. "The remaining shortfall is covered by the club’s owners," the CEO added.

Dynamo currently employs around 500 staff. Brif said he initially suspected the organization was overstaffed, but an internal audit proved otherwise: "We spoke with every department and discovered the opposite problem — we are actually short-handed. Everyone is already working at full capacity."

The club’s main assets include the Valeriy Lobanovskyi Stadium in Kyiv, a youth academy in Nyvky with three pitches, and the Koncha-Zaspa training base with eight fields, medical and rehabilitation facilities, a spa area, two restaurants, and two gyms.

Dynamo is regarded as one of Ukraine’s three wealthiest clubs, alongside Shakhtar Donetsk and Polissia Zhytomyr. For comparison, the budget of Karpaty Lviv is estimated at €5–10 million, according to that club’s CEO, Andriy Rusol.