Bayern Munich Announce Record Turnover
November 16, 2012
Bundesliga giants, Bayern Munich have announced a record turnover of €373.4 million ($475.5m) for the fiscal year.
The announcement was made during the club’s general meeting on Thursday, with the FC Bayern Munich AG group – consolidating accounts for Bayern Munich and the Allianz Arena – responsible for the football operations and achieving €332.2 ($423m) million, compared to last season’s €290.9 million ($370.5m). The profit after tax was announced as €11.1 million ($14.1m).
It is the 20th successive year that Bayern have made a profit and financial boss Karl Hopfner was delighted with the news.
“I think the members of Bayern Munich can be proud of their club today,” he said. Bayern Munich has never been in such a strong financial position in its 112-year history.”
Chairman Karl-Heinz Rummenigge added: “All’s very well indeed with the world of FC Bayern at the moment. The club is in good health.”
Bayern President Uli Hoeness, in a good mood after being re-elected with a 97% vote, also announced further new records. Club membership is on the up with 187,865 members compared to last year’s 171.445. There are also a further 250 officially-affiliated fan clubs, upping the total to over 3,200 worldwide.
“These are unbelievable numbers,” Hoeness said.