Not many -if any- had seen this coming… Something more than a week after the triple bomb attack that targeted Borussia Dortmund and led to their Champions League game against Monaco being delayed by 24 hours, police have announced that the motive behind the whole incident was pure financial greed.
The accused bought 15,000 put-options regarding the shares of Borussia Dortmund on April 11. Those options were running until June 17, 2017 and were bought with the ID of the hotel L’Arrivee (Dortmund’s team hotel)
a prosecutor made known, through a written statement, after the police arrested a 28-year-old man of dual German-Russian citizenship.
Someone who buys put-options speculates on the value of shares dropping. It allows the owner of these options to sell his shares until a certain date – in this case June 17 – to sell a fixed amount for a fixed price
the statement also read, but it is the next sentence that really shocks, since the police seem to believe that the man arrested was counting on players dying, not just getting injured.
If Dortmund’s shares had dropped in value massively, his profit would have been many times the investment. You could expect a massive drop in values of the shares if players had been injured or even killed during the attack
the prosecutor claimed. Dortmund’s CEO Hans-Joachim Watzke, and president, Reinhard Rauball, released their own statement soon after the police did, thanking the authorities for taking immediate and effective action after last week’s events.