German Soccer Team Bomber Sought to Damage Stock Price

Andrew Cummings
April 24, 2017

Prosecution spokeswoman Frauke Koehler said police financial experts were still calculating how much he could have hoped to gain, while Bild newspaper put the potential gains in the millions.

"In case of a massive slump in Borussia Dortmund's stock, the profit would have been a multiple of the invested money", the prosecutor's office said.

Police arrested a man on suspicion he attacked the bus of German soccer team Borussia Dortmund GmbH last week, hoping to profit from a slump in the publicly traded club's share price.

Borussia Dortmund coach Thomas Tuchel has said the arrest of the man apparently responsible for this month's bomb attack on the team bus before a Champions League game could help players and staff overcome the trauma."If the motive has been identified that would help us a great deal to process it", Tuchel said at a news conference previewing Dortmund's Bundesliga match at Borussia Mönchengladbach on Saturday.

Investigators found notes at the scene claiming responsibility in the name of Islamic extremists, but quickly doubted their authenticity. The suspect, identified only as Sergei W., is being investigated for attempted murder, causing an explosion and grave assault.

Prosecutors said that on the day of the attack the man had brought 15,000 put options, which are contracts giving the rights to sell the shares at a set price, using a consumer loan he had signed the week before.

"A significant drop in price could have been expected if, as a result of the attack, players had been seriously injured or even killed", prosecutors said in a statement.

"The man appears to have wanted to commit murder out of greed", Ralf Jager, the North Rhine-Westphalia state's minister of the interior, said, according to ESPN FC. Bartra had to have surgery on his wrist and arm and is out of action for several weeks.

The police had arrested a 26-year-old Iraqi national, but later said there was "no evidence" he had taken part in carrying out the attack.

Dortmund lost the rearranged quarterfinal, first leg against Monaco 3-2 and were beaten 3-1 in the return for a 6-3 aggregate reverse. They said W. had also booked a room there and placed three explosives, packed with shrapnel, along the route the bus would take to reach the stadium for their match against Monaco.

Borussia Dortmund is best known in the States as the club that employs teenage wunderkind Christian Pulisic, who stars for the USA national team.

The fact that, aside from Bartra and the policeman, "no others were wounded or even killed, was - as we know today - exclusively due to huge luck", BVB said in its statement Friday.

Police initially treated the blast as a terrorist attack.

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