Bundesliga Champions Bayern Munich Reveal Record Revenues in 2017/18 Financial Year
Bayern Munich have revealed 'very pleasing' financial figures for the 2017/18 financial year as they once again broke their record for yearly revenue.
The total revenue of FC Bayern München AG came to €624.3m. The total income of the group amounted to €657.4m.
In a statement on Bayern's official website, club CEO Karl-Heinz Rummenigge said that he was pleased with the results.
"FC Bayern Munich may once again be very satisfied with the economic result of the 2017/2018 financial year," said Rummenigge.
"In addition to the sporting successes of the past season with winning the German championship and the good performance in the Champions League, this result is the evidence that Bayern also had a good year in the economic field.
"I would like to thank my colleagues on the Management Board Jan-Christian Dreesen, Andreas Jung and Jörg Wacker, as well as the entire Supervisory Board for the always professional, trusting and successful cooperation.
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"Special thanks go to all employees of FC Bayern for their commitment, which has led to this very pleasing result."
Despite Rummenigge's positivity, 2018 will not go down as a great year for Bayern Munich. They won a sixth consecutive Bundesliga title but were eliminated by Real Madrid at the semi final stage in the Champions League and lost the German Cup final to Eintracht Frankfurt.
They are also struggling this season, sitting fifth in the table after winning just six of their first 11 Bundesliga games under Niko Kovac so far.
