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Bayern Bailed Out Rivals Dortmund in 2003: Generous or Foolish?

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DORTMUND, GERMANY - MAY 15: Fans of Dortmund celebrate during the Borussia Dortmund Bundesliga winners parade at Westfalenhalle on May 15, 2011 in Dortmund, Germany.  (Photo by Lars Baron/Bongarts/Getty Images)
DORTMUND, GERMANY - MAY 15: Fans of Dortmund celebrate during the Borussia Dortmund Bundesliga winners parade at Westfalenhalle on May 15, 2011 in Dortmund, Germany. (Photo by Lars Baron/Bongarts/Getty Images)
Bongarts/Getty Images

Trawling through the outer reaches of the blogosphere to mine precious stories to entertain you, our wonderful readers, I came across this story over at The Offside. It has just come out that German behemoths Bayern Munich (our hated rivals, I should note) extended in 2003 a loan of $2.3 million to their bitter enemies, Borussia Dortmund. This loan staved off their imminent bankruptcy and allowed them to stabilize their finances.

Dortmund subsequently dazzled the Bundesliga with a stunning 2010-2011 campaign, winning the league with the likes of Mario Götze, Mats Hummels and Nuri Sahin, who was subsequently signed by Madrid. Currently, they sit two points above their benefactors at the summit of the table.

This news comes from the most reputable possible source, by the bye, having been confirmed by Dortmund President Hans-Joachim Watzke at a fan's meeting on February 6.

What do you think, MMers? Was Bayern's decision foolish and impractical or generous and sportsmanlike? Or perhaps both? Would you have Madrid do the same for Barcelona (or Atléti, or Bilbao)? Tell us on MM's facebook page or tweet us at @managingmadrid, and send in your questions and comments to the MM podcast available on iTunes.