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

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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.

TheTega

TheTega

“Tega is a writer/OAP, Lover of all things Tech, Sports and TV Series”

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