Bayern Munich has broken its own financial records for revenue again.
The Bundesliga powerhouse announced at its AGM on Friday turnover of 640.5 million euros ($759 million) and operating profit of 149.1 million euros ($177 million) for the 2016-17 season.
The Bayern group’s profit before tax increased by 22.2 percent to 66.2 million euros ($78.5 million) – 39.2 million ($46.5 million) after tax – despite the team’s Champions League exit at the quarterfinal stage and failure to reach the German Cup final last season.
Bayern deputy chairman Jan-Christian Dreesen says, ”The outstanding profit situation and the associated increase in financial power allows FC Bayern to make the investment in our first-team squad necessary to ensure we remain competitive among the professional footballing elite in Europe.”
Match revenue brought 154.3 million euros ($183 million) to the club, sponsorship and marketing another 169.4 million ($201 million), media marketing 90.1 million ($107 million), and player transfers 52.6 million euros ($62 million).
Personnel expenditure for all employees of the Bayern group – not just the players – was 264.9 million euros ($314 million).
juoabcnt
2
Always announcing their profit but can't buy fresh players... Not Cool
aritheblessed
3
Great, but FC Bayern are not a financial institution. Record results? Let's win 5 CLs in 10 years max.
Dude you are a Gunner what do you know about UCL?!😂🤞Arsenal also has huge turnovers 400-500 million euros.But they can't win shit .
solidworks
0
You're going to be humiliated by PSG again.
jealousyh
0
Bravo on Bayern Munich
correspond
1
Great, but FC Bayern are not a financial institution. Record results? Let's win 5 CLs in 10 years max.
Julylove
1
No matter what FC Bayern is in my Blood
siccdream
0
This winter transfer window will be most imprtant for Bayern in a long time, since Robben and Ribery are retiring this season, I expect them to sign very talented young replacement, one of the best young talents like Gelson Martins, Julian Brandt etc nothing less
translation
0
Bayern never disappoint me.
Fcb10forevEr
4
Find a replacement for robben...he's retiring after this season..He is irreplaceable though.
miodimi3
3
Germany is the best example of how footbal should be... one of the best audiences in the world
SIMSV_
1
We should sign quality players with from this profits..
samyboss17
4
wow those guys are rich... but not richer than MANCHESTER City
samyboss17
4
is that a good thing or a bad thing I'm confused
samyboss17
2
awesome I guess ancheloti did do something good congratulation to them
egyptiane
2
Beautiful financial data! Pride of Bayern!
hoisted
2
Hopefully Bayern will generate more revenue this season
Barcelona-Arsenal
2
@estera , you must be shouting at them to spend even a little of it on transfers and scouts!
hossttry
1
How could it be so much?
seeing
2
So much money that they can bring in new players
combination
1
So Bayern can introduce players...
kookiss
1
Ha ha, so much money!
limited
2
Healthy finances! This is the real football club
syafiqshahril
2
Very expensive team ever
salah777
7
Wow that is alot of money