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DORTMUND FACING RUIN

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Bundesliga club Borussia Dortmand hopes a restructuring plan drawn up by its auditors could save it from financial ruin.

The only Bundesliga club floated on the stock market has admitted the situation has become "life-threatening", reports The Daily Telegraph newspaper.

Share prices have plunged to £1.40 from £7.60 when the club was first listed back in October 2000.

The club is expected to record an annual loss of £48million.