With 10th place, the Bundesliga season was as bad as it was at the beginning of Schaaf's tenure at Werder Bremen. On May 27, 2003, the professional soccer team and the other competitive sports-oriented teams were spun off from the now non-profit registered club into SV Werder Bremen GmbH & Co. From 1999 to 2003, a strong team was built. The phase up to 2003 was also characterized by a blatant lack of continuity, which meant that Werder Bremen, after some outstanding games and results, usually collapsed towards the end of the season and wasted their chances. Werder had won the home game 3-2 thanks to late goals, but Bremen's goalkeeper Tim Wiese let a ball that had already been intercepted fall in the second leg in the 88th minute when he performed a roll to gain time, which resulted in the goal making it 1-2. Before the resignations, it was decided to part ways with Felix Magath after losing the home game against direct relegation rivals Eintracht Frankfurt. The last group game on December 7th, 2010 against Inter Milan, which Werder won 3-0, is to date – as of July 10th, 2023 – Bremen's last European Cup appearance. This was the second World Cup participation for five players and the third for four others (number of appearances at the time in brackets): Aréola (0), Lucas Hernández (5), Pavard (6), Dembélé (4) and Mbappé ( 7) were part of the French squad in Russia in 2018, Varane (5 and 7), Giroud (5 and 7) and Griezmann (5 and 7) were also in Brazil in 2014; Mandanda (0 and 1) was there in 2010 and 2018.
In addition to long-standing regular players such as Herzog, Eilts, Votava and Bode, as well as young talents who would later develop well, such as Frank Rost, Raphael Wicky and Torsten Frings, there are national players such as Hany Ramzy (Egypt), Jurij Maximow (Ukraine) and Mario Basler (Germany), Vladimir Bestschastnych (Russia) or Rade Bogdanović (Serbia and Montenegro). The consequence of this situation was a fruitful new beginning: the association's executive committee with President Franz Böhmert, Vice President Klaus-Dieter Fischer and Treasurer Manfred Müller, which had been in office for many years, in Böhmert's case almost 30, resigned as a whole in 1999 under the impression of the crisis-like developments. Last year under Rehhagel's direction, the championship was missed with a 2:4 at FC Schalke 04 on the 32nd and a 1:3 at FC Bayern Munich on the last matchday. On matchday 8, Werder scored a historic 8-1 home win against Arminia Bielefeld. In the Champions League with FC Chelsea and FC Barcelona, Werder was eliminated with ten points from six games, the best third place of all time at the time. After Werder Bremen became runners-up again in 1995 and Rehhagel left the club after 14 years in office, the days of winning titles and successes in the Bundesliga were initially over.
With the exception of the UEFA Cup qualification in 2002, there were no lasting successes for the time being. From his parents' apartment on Lohbachstrasse in Schwerte, the student Wolfgang Kleff had direct eye contact with the "Schützenhof" of the local football club VfL Schwerte. This was followed by mediocre placings and several changes of coach (Aad de Mos, Dixie Dörner, retro football tops Wolfgang Sidka). With Galatasaray Istanbul (2:1, 0:0), FC Brugge (0:1, 2:0) and finally AS Monaco (2:0) in the final, several renowned teams were defeated. After the season, several long-time players left the club: Pizarro, Wiese, Naldo, Borowski, Rosenberg and Marin. Before the 2007/08 season, Klose left the club for Munich. Shortly after the rescue, Werder managed to win on penalties in the DFB Cup final against FC Bayern Munich (→ match data for the 1999 DFB Cup final). By reaching the final, the Green-Whites qualified for the UEFA Cup, as FC Bayern Munich entered the Champions League as champions. On the other hand, Werder benefited from the proceeds from the sales of Wicky (2000), Pizarro (2001) and Rost and Frings (2002). After the changes of Herzog and Wiedener in 2001, the Bremen team said goodbye to Bode in 2002, the last remaining member of the "golden" era under Otto Rehhagel due to age reasons. Furthermore, 20 teams were fielded from the Lega Pro Prima Divisione (formerly C1), the 10 best placed from Girone A and Girone B. The Lega Pro Seconda Divisione (formerly C2), on the other hand, only had nine clubs, each the first in the group and the playoff finalists from Girone A, B and C. The remaining nine places were filled from Italy's highest amateur league, Serie D.
A sporting crisis at the beginning of the second half of the season cost Werder's chance of winning the championship, but Bremen finished runner-up at the end of the season thanks to a series of eight games without defeat. An agreement with EV Bozen 84 was planned, as the association had initially given the Broncos the requirement to find a club as a farm team from Serie A2. In the league game against Hansa Rostock on March 31, 2002, Bremen's Frank Rost managed to make it 3-3 shortly before the end of the game, becoming the second Bundesliga goalkeeper after Jens Lehmann to score a goal out of the game. With pragmatic, results-based football and star strikers Romário and Bebeto, Brazil reached the final and had the nerve to win the penalty shootout against Italy after a 0-0 draw. After victories over AC Milan, AS Saint-Étienne, Udinese Calcio and Hamburger SV, the Green-Whites reached the final at the Şükrü Saracoğlu Stadium in Istanbul, where they lost 1-2 to Shakhtar Donetsk after extra time.
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