Gold Coast Fined For Salary Cap Breach Marketing Symposium: Global Sports Events Kazakhstan Seeks Foreign Investment Bochum Abandons Plan To Save Money NZRU Cancels Match In Singapore Cargiant, QPR Battle To Build Homes McIlroy Takes Time To Focus On Lawsuit PSG's Biggest Revenue Stream Is 'Other' Stadium Roof Would Cost Up To $307M Adidas Mulling Reebok Sale
SBD Global/November 16, 2012/FinancePrint All
Bundesliga club Bayern Munich "released its financial numbers for the '11-12 season and presented a record-breaking revenue of €373.4M ($477.3M)," according to Mario Volpe of BILD. The club's profit "after taxes was €11.1M ($14.2M)." The club will distribute a record dividend of €5.5M ($7M) to its shareholders. Bayern CFO Karl Hopfner said, "We were able to increase our equity capital to more than €278.3M ($355.7M). This equals an equity ratio of 77% -- a probably unique value in the world of football. I think the members of FC Bayern can be proud of their club" (BILD, 11/15). In Munich, Jonas Beckenkamp reported the club "presented its highest-revenue in 112 years of existence." The €373.4M represents the combined revenue of the club and its home stadium, the Allianz Arena. Without the arena, the club generated €332.2M ($424.6M) in revenue. Following the presentation of the club's financial numbers, Bayern President Uli Hoeneß was re-elected by the members at the club's annual general meeting (SÜDDEUTSCHE ZEITUNG, 11/15).