Bayern Munich have
The Bavarian giants registered a profit before tax of €46.2m (£
The news comes as the German champions have been struggling on the pitch under
Bayern, who are chasing a record-extending seventh straight Bundesliga title, are now nine points behind leaders ?Borussia Dortmund. But the financial news from will do little to reassure Bayern fans who want to see more points than profits.
“Our FC Bayern rests on very solid foundations,” said club deputy chairman Jan-Christian Dreesen, as quoted in the ?Daily M?ail.
“This ever-increasing financial power allows us to make the necessary investment in our first-team squad to ensure we remain competitive among the footballing elite in Europe.”
The figures are driven by income from sponsorship and marketing (€189.4m), match operations (€172.7m), merchandising (€91.8m) and transfer fees (€28.2m).
The club’s biggest expense was personnel costs at €302.5m, up from €264.9m last year.