BrandArena: Bayern Munich announces record profit after tax of $25.2 million for 2014-15

Monday 30 November 2015

Bayern Munich announces record profit after tax of $25.2 million for 2014-15

Bayern Munich made a record profit after tax of 23.8 million euros ($25.2 million) last season.

FC Bayern deputy chairman and finance director Jan-Christian Dreesen informed Friday evening’s Annual General Meeting at the AUDI Dome revealed that it had a turnover of 523.7 million euros ($555 million) for the financial year 2014-15, slightly below that of the previous year.

The turnover figure for FC Bayern München AG group (consolidated accounts for FC Bayern München AG, Allianz Arena München Stadion GmbH and all other subsidiaries) was €523.7 million, very close to the previous year’s new record of €528.7 million despite the absence of revenues from the UEFA Supercup and FIFA Club World Cup. At €111.3 million, the operating profit (Ebitda, previous year €98.7 million) passed the €100 million mark for the first time.

“FC Bayern München is in outstanding shape both in sporting and financial terms. Our increasing financial power will be used primarily to make the regular investments required in our first-team squad in order to ensure we remain competitive among the elite teams in Europe,” Dreesen said.

Profit before tax rose to €31.4 million (2013/14: €25.9 million) and profit after tax stood at €23.8 million (2013/14: €16.5 million), “record profits” according to Dreesen and unprecedented in the 115-year history of the club. FC Bayern is thus in the black for the 23rd year in a row.

“As before, FC Bayern boasts solid and sound commercial foundations,” said chairman Karl-Heinz Rummenigge in his speech. “We remain true to our principle that every Euro we spend has previously already been earned.” Income from match operations in 2014/15 was a remarkable €137.6 million, including €47.8 million from participation and bonus payments in the UEFA Champions League, where FCB reached at least the semi-finals for the fourth time in a row. “Our maxim reads: maximum sporting success alongside financial prudence,” Dreesen stated.

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