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Bayern smash €500m turnover barrier

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Bayern smash €500m turnover barrier

Postby FCBayernNews » Fri Nov 28, 2014 9:30 pm

From a footballing point of view, the 2013/14 season was a great success for Bayern, with a 24th German championship, a 17th DFB Cup success, and a commendable Champions League run as far as the semi-finals. The excellent season on the field has now been matched off it as the club announced landmark financial results for the 2013/14 fiscal year including record turnover of €528.7 million and profit after tax of €16.5 million.

“FC Bayern can present its members with financial results better than any the club has ever had before,” deputy chairman and finance director Jan-Christian Dreesen informed Friday evening’s Annual General Meeting at the AUDI Dome. “There’s no question that our FC Bayern is based on unprecedented sporting and commercial foundations,” Dreesen continued.

The turnover figure for FC Bayern München AG group (consolidated accounts for FC Bayern München AG, Allianz Arena München Stadion GmbH and all subsidiaries) rose by 22 percent compared to the then record figure of €432.8 million from the historic treble-winning 2012/13 season. The new record of €528.7 million is easily the largest ever posted by a German football club.

The operating profit (Ebitda) rose to €98.7 million (2012/13: €95.6 million), Profit before tax rose to €25.9 million, (2012/13: €22.5 million) with profit after tax also up to €16.5 million (2012/13: €14.0 million). FC Bayern is thus in the black for the 22nd year in a row.

Allianz Arena paid off

FC Bayern München AG, the joint stock company responsible for the club’s professional football operations, achieved similar results. Turnover rose year-on-year to €480.0 million (2012/13: €393.9 million). FC Bayern München AG boasts equity capital totalling €405.0 million, almost double (+41 percent) last year’s €286.8 million and “the best in world football,” Dreesen said. “On top of that, there’s the news we’ve paid off the Allianz Arena, which now belongs to FC Bayern once and for all!”

“Our shareholders can also be pleased with the situation,” Dreesen concluded, “the AG is distributing a record dividend of €8.625 million (30 cents per share).” Following a resolution passed at the annual stockholders’ meeting of the AG on 10 November 2014 this will result in a dividend payment to [members’ club] FC Bayern München eV, holder of 73 percent of the shares in the AG, amounting to €6.75 million.
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Re: Bayern smash €500m turnover barrier

Postby ramsej84 » Fri Nov 28, 2014 10:11 pm

Now let us go to barca and get Messi...

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