As reported by Kicker, Bayern Munich have announced record sale numbers of €854.2m over the past 12 months. The previous record was set in 2018/19 when the club announced sales of €750.4m – an increase of 14% on their previous record.
Remarkably, the club also made a profit of €35.7m after tax in 2022/23, despite personal expenses rising to €385.6m, the majority of which went on players’ salaries.
Unlike many other German clubs, Bayern remained fairly stable throughout the pandemic and had their equity capital grow from €504m to €536.5m at the end of the 2022/23 financial year.
It’s no wonder that Bayern can sign players such as Harry Kane, who cost the club around €100m. Michael Diederich, Dreesen’s successor as CFO, announced that the club sold 20,000 Kane jerseys on the weekend that the Englishman signed his contract. It appears that the transfer is already paying off, both sportily and financially.
GGFN | Jamie Allen