83 percent equity ratio
Fri, 15/11/19, 20:45
FC Bayern München eV financially healthy
FC Bayern (all subsidiaries included) and the FC Bayern München AG group posted record figures for the 2018/19 fiscal year, and the members' club, FC Bayern München eV, enjoyed a very successful year too. The club once again announced impressive numbers from 1 July 2018 to 30 June 2019, but also looked back on numerous titles and successes in sport. The officials received thunderous applause at Friday evening's Annual General Meeting at the Olympic Hall.
Deputy vice-president Prof Dr Dieter Mayer announced a surplus of almost €10 million, specifically €9,786,222. The equity capital rose from €115,181,557 to €124,968,000, with an equity ratio of 83 percent. "It's an impressive result," said Mayer. The figure of 293,000 members compared to last year's 291,000 confirms FC Bayern's status as the world's biggest sports club.
Repayment of Campus loan on track
As usual the club's main sources of revneue were membership dues (€12,229,029) and a dividend payout of €9 million by FC Bayern München AG. Another source of income was lease income for the parts of the FC Bayern Campus (including the club house, the pitch and the academy) used by FC Bayern München AG in the amount of approximately €2.65 million.
According to Meyer, the repayment of the loan of €40 million is going well. Thanks to several unscheduled repayments it is realistically foreseeable the Campus will be completely debt-free at the end of next year. In light of the liquid assets and the "outstandingly positive development in terms of membership," Mayer looked ahead "confidently throughout. I think our club will be thriving in the years to come too."
Mayer called the basketballers' development "particularly remarkable." FCBB defended their championship title and only just missed out on the EuroLeague last eight. Deputy vice-president Walter Mennekes is "especially proud of the basketball youth section's successes."
Mennekes was pleased with the development of FC Bayern's amateur sections too. The five veterans' football teams claimed 24 out of a possible 28 titles. There was further good news from the chess and the table tennis sections, in an overwhelming healthy sports club.