(Bloomberg) -- Borussia Dortmund is using an unusual insurancepolicy to recover most of the income it is losing for failing toqualify for European soccer’s elite Champions League for the firsttime in five years, according to two people with knowledge of thearrangement.

Germany’s only publicly traded soccer club is in the third yearof an insurance contract that protects against lost revenue frommissing the tournament, said the people, who declined to commentpublicly as the details are confidential. The deal has about 12underwriters led by Catlin Group Ltd. and XL Group Plc, theysaid.

Dortmund, which had revenue of 260.7 million euros ($279.6million) in the fiscal year ended June 30, received 34.7 millioneuros in prize money for reaching the quarterfinals last season,competition organizer UEFA said. Only three team executives wereaware of the insurance policy, a requirement from the providers toprevent coach Juergen Klopp and his players from giving up onfinishing high in the league, one of the people said. DortmundChief Executive Officer Hans-Joachim Watzke, in an e-mail, declinedto comment.