The Borussia Dortmund bus

German press reveal crazy financial motive behind Borussia Dortmund bus attack

Borussia Dortmund exit the Champions League

Borussia Dortmund were left hugely frustrated by their Champions League exit to Monaco this week.

The German side may have lost 6-3 on aggregate but their preparations for both legs were undoubtedly affected by the events preceding the home leg.

On their way to the first game at home, the Dortmund bus was attacked and the Bundesliga squad and coaching staff was enormously lucky to come away with their lives intact.

Marc Bartra injures his arm

The only injury was suffered by Spanish defender Marc Bartra, who underwent an operation on his arm.

From a footballing perspective, Dortmund played their first leg the following day and still appeared shell shocked.

Whilst their preparations for the second leg were also hampered when their bus was stopped in Monaco on the way to the second game of the quarter final.

The financial motive

On Friday, widespread reports in the German press have confirmed that the motive behind the attacks on the Borussia Dortmund bus were not Islamic terror, as was originally thought.

Bild report that the man behind the attacks had a financial incentive and the motive was greed.

On Friday, German police arrested a 28-year-old man known as Sergei W, who is of German-Russian origin.

Sergei W

He is now in German police custody and accused of attempting the murder of over 20 members of the Borussia Dortmund squad and coaching staff. He is also accused of causing a bomb explosion and aggravated battery.

Sergei W bought stock in Borussia Dortmund shares and was planning to short it after the Borussia Dortmund bus attack, once multiple players were injured.

The suspect was staying in the same hotel as the Borussia Dortmund team having acquired 15,000 put options (which rise in value as a stock’s value falls).

He stood to gain 3.9 million euros if the plan had come off.

Short the Dortmund shares

He allegedly refused a room in the hotel, which did not have a view of the street, which has initially raised suspicions. There are also suggestions that Sergei W had two accomplices as well.

Bild add that while other guests were running around frantically, Sergei W calmly went to the restaurant & ordered a steak after the bus bomb.

And, that the suspect had also booked the hotel for both the first and second legs of the Champions League tie, before the exact dates and venues were known.

The German police will hold a press conference on Friday where more details are expected to emerge.