The state of Bayern Munich’s finances has never been better as the club has record turnover and zero debt:
FC Bayern München AG achieved the second-best annual result in the club’s history in the past financial year and, at €951.5 million, once again achieved record turnover. The group’s total earnings before taxes (EBT) rose by 15 percent to €62.7 million. Net profit for the year increased by 21 percent to €43.1 million. Including FC Bayern Basketball GmbH and FC Bayern München eV, the club achieved a turnover of €1.017 billion for 2023/24.
Jan-Christian Dreesen, FC Bayern München AG CEO: “FC Bayern has always stood for economic solidity paired with maximum success, both on and off the pitch. This has always characterised us. This outstanding annual result shows that we continue to be one of the absolute top clubs in Europe in economic terms. At the same time, however, it should not obscure the fact that we were not satisfied with a season without a trophy in sporting terms. This makes it all the more important that we continue to work on the future of FC Bayern with the utmost commitment and foresight. I would like to thank my fellow board members Michael Diederich and Max Eberl as well as the entire supervisory board under the leadership of Herbert Hainer for their trusting cooperation.”
Michael Diederich, FC Bayern München AG deputy CEO: “With another record turnover of €952 million and the second-best annual result in the club’s history, FC Bayern can once again look back on an extremely successful financial year. Our balance sheet, which remains free of bank debt, enabled us to increase dividends by 33 percent. This is primarily due to the highest transfer income in our history and the increased demand in merchandising. Together with record equity capital, this gives us unbroken and exceptional financial strength and independence. FC Bayern therefore remains an exceptional phenomenon in top-level European football, and I believe our club is in a good financial position to master the challenges of the coming years. I would like to expressly thank all my colleagues for their tireless efforts, without which such a result would not be possible.”
X account @iMiaSanMia broke the numbers down in a bullet-point format:
Official financial numbers for the 2023/24 financial year:
• Total turnover (Including FC Bayern Basketball GmbH and FC Bayern München eV): €1.017 billion
• FC Bayern München AG turnover: €951.5 million
• Total profit before taxes (EBT) rose by 15% to €62.7 million
• Net profit increased by 21% to €43.1 million
• Debt: 0
Bayern Munich also has almost 382,000 registered members:
Hainer talks team’s performance
Club president Herbert Hainer offered this assessment of the football team’s current state.
“Our team is unbeaten at the top of the table, 6 points ahead of second place. We are on course in the Champions League – and we’re inspiring our fans with attractive football. Although the DFB Pokal exit is unfortunately becoming routine for us, the game against Leverkusen was also an early final and we gave everything with a man down. We all know that the Champions League final is coming up in Munich at the end of the season. We’ll do everything to be there. But first we have to do our homework,” said Hainer (as captured by @iMiaSanMia). “Uli Hoeneß has already promised the league title… Dear Vincent (Kompany), you certainly know: At FC Bayern, a word counts…No pressure — but if the honorary president promises something…then it should happen.”
Kompany sends message
With a short week due to a Champions League game on Tuesday, Kompany could not attend the AGM. Instead, he offered a video message.
“Unfortunately I couldn’t be there as we have preparation for Tuesday’s game against Shakhtar. I heard a lot about the importance of the annual general meeting and learned that you, members, are the basis for this unique club. Thank you for your big support. We’ll do everything to finish the year well and bring you a lot of joy in 2025,” said Kompany (as captured by @iMiaSanMia).
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