Record Financial Performances for Bayern Munich: A Virtuous Club

Sometimes you have to admit, the leaders of Bayern Munich are painful to teach lessons to the rest of the European competition. And at the same time, the Bavarians take on season after season. When in France PSG, for one of their favorite targets, accumulates deficits, on the other side of the Rhine the accounts are still green. Better still, they are making progress in profits.

€854.2 million in turnover for Bayern in 2023

This weekend, the Bayern Munich board held its general meeting during which the financial performances of the last 2022-2023 season were presented. They are simply excellent, both in terms of turnover (CA) and the final result obtained after taxes. Revenues increased by 28% from one financial year to the next, reaching 854.2 million euros as of June 30. This is unprecedented in the history of Bayern, but as a ripple effect, for German football. Another notable sign is the club’s control over player salaries, since personnel costs represent less than half of the revenue generated.

And a net profit of 35.7 million euros

The previous CA record dated before Covid, in 2018-2019, it reached 750.4 million euros. Even in times of crisis and behind closed doors, the Munich club remained profitable in each financial year. This 2022-2023 season, it is 35.7 million euros after taxes. That is to say 182% higher than it was in 2022. This is again a remarkable performance and confirmation that Bayern is a virtuous club. At this level, probably the best on the entire Old Continent.

Bayern Munich ‘still has no debt’

This is an obvious reason for Vice President Michael Diederich to congratulate himself: “FC Bayern can once again boast an extraordinarily successful year. In a difficult economic environment characterized by inflation and a recession in Germany, we achieved record turnover and a significant increase in profitability compared to the previous season. This result demonstrates our financial strength and brings our equity to a new record level. » As if to better support Bavarian excellence, the latter recalls that his club “still has no debt” and mentions in this matter, “an exceptional achievement in top-level European football”. To the wise(s)…