Welcome to Kenny-s Blog

Bayern Munich Announce Record Profit And Turnover For 2016-17 Season

Bayern Munich have announced record turnover of €640.5 million (£572.77m) and operating profit of €149.1m for the 2016-17 fiscal year.

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).

The figures also revealed that club membership has risen to 290,000 with 4,327 official fan clubs.

Have something to add? Share it in the comments.

Your email address will not be published. Required fields are marked *