FC Bayern Munich again announces record turnover in 2017/2018 financial year
FC Bayern Munich can once again look back on very satisfactory financial results from the previous financial year. The German champions set another new record for total revenue in the 2017/2018 financial year for both FC Bayern München AG (separate financial statement) and the FC Bayern München Group (including all subsidiaries).
The total income for FC Bayern München AG in the 2017/2018 financial year amounted to €624.3 million. The total for the entire group was €657.4 million.
An overview of the numbers:
FC Bayern München Group
|Total income 2017 / 2018||€657.4 million|
|Earnings before interest, taxes, depreciation and amortisation (EBITDA)||€136.5 million|
|Annual net profit (after tax)||€29.5 million|
FC Bayern München AG (separate financial statement)
|Total income 2017 / 2018||€624.3 million|
|Earnings before interest, taxes, depreciation and amortisation (EBITDA)||€110.1 million|
|Annual net profit (after tax)||€22.0 million|
FC Bayern München AG chairman Karl-Heinz Rummenigge said: "FC Bayern Munich can once again be very pleased with the financial results of the 2017/2018 financial year. As well as the sporting success of last season where we won the Bundesliga and reached the latter stages of the Champions League, these results are the evidence that FC Bayern also had a good year on the financial front. I'd like to thank my fellow executive board members Jan-Christian Dreesen, Andreas Jung and Jörg Wacker, as well as the entire supervisory board, for their always professional, dependable and successful cooperation. A special thank-you also goes to all the staff at FC Bayern for the hard work that has led to these very pleasing results."
Since the establishment of FC Bayern München AG in 2002 as the club's professional football section, revenue has increased by 355 percent from €176 million to €624 million. This is once again evidence that the decision taken at the time was the correct one and has had a positive impact.