Hangin' With... Sophie Goldschmidt EU Urged To Investigate F1 Finances FIFA Report Gets Independent Review Rapid Vienna Reports Small Profit Executive Transactions Atlético Madrid Trims Debt To Authorities Names In The News Argentine FA's New Format Approved DC Comics Files Suit Against Valencia Japan, Argentina Join Super Rugby
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).