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Bayern Munich’s impressive financial results
Bayern Munich were so very close to winning the Champions League in May of this year, only to be thwarted by London side Chelsea. Impressively, however, the club have posted their best financial figures for over a century.
The Bavarian side posted profits of €11.1 million for the 2011/12 fiscal year and a record turnover of €332.2 million. The club’s outgoing financial boss said: “I think the members of Bayern Munich can be proud of their club today, the club has never been in such a financial position in its 112-year-history.”
The record German league champions and four-time Champions League/European Cup winners increased their turnover by more than €40 million in one season. The club’s sponsorship and marketing revenues remained steady at €82.3 million but merchandising revenues grew to €57.4 million from €43.9 million.
While Manchester United, Manchester City, and Chelsea continue enormous financial outlay, the Bundesliga sides are leading the way in terms of financial prudence.