MUNICH: Bundesliga champions Bayern Munich may be struggling badly this season, but that hasn’t dampened their off-the-field performance for the 2017-18 financial year. Bayern claims to have earned a whopping 657.4 million euros ($745.6 million) in overall revenues, which is an all-time record for the club.
After paying taxes, Bayern posted net profits worth 29.5 million euros ($33.5 million).
Bayern Munich chairman Karl-Heinz Rummenigge said: “FC Bayern Munich can once again be very pleased with the financial results of the 2017/2018 financial year. As well as the sporting success of last season where we won the Bundesliga and reached the latter stages of the Champions League, these results are the evidence that FC Bayern also had a good year on the financial front. I’d like to thank my fellow executive board members Jan-Christian Dreesen, Andreas Jung and Jörg Wacker, as well as the entire supervisory board, for their always professional, dependable and successful cooperation. A special thank-you also goes to all the staff at FC Bayern for the hard work that has led to these very pleasing results.”
