ZCZC
BSP-17
FBL-GER-BUNDESLIGA-BAYERN
Bayern Munich post record financial returns for 2017/18
BERLIN, Nov 20, 2018 (BSS/AFP) – Defending Bundesliga champions Bayern
Munich remain the after posting record revenues for the 2017/18 season.
Bayern, chasing a seventh straight league title sit fifth in the Bundesliga
table, trail leaders Borussia Dortmund by seven points, but are in rude
health off the pitch.
The total of 657.4 million euros ($752m) is a new peak for the FC Bayern
Munich group and subsidiaries. It includes 624.3 million euros generated by
the club alone.
Dortmund is Germany’s second richest club, reporting income of 536 million
euros in August – a figure boosted by the sales of Ousmane Dembele to
Barcelona and Pierre-Emerick Aubameyang to Arsenal.
“FC Bayern Munich can once again be very pleased with the financial results
of the 2017/2018 financial year,” said chairman Karl-Heinz Rummenigge.
“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.
“Since the club’s professional football section was established as ‘FC
Bayern Munich AG’ in 2002, revenue has increased by 355 percent from 176
million euros to 624 million euros.”
BSS/AFP/BZC/1940HRS