FC Bayern München AG were incredibly successful on the pitch last season and in the accounting books. But just how successful?
For the 21st consecutive year, FC Bayern AG were a profitable company, and this year they posted a record turnover of €432.8M, a 15% increase over their previous record high in the 2011/2012 fiscal year.
Uli Hoeneß Speaks Publicly
An emotional Uli Hoeneß addressed the crowd at the annual meeting about his legal issues.
While some of the evening was given over to Uli Hoeness and his highly charged - and highly emotional - address on his upcoming trial on charges of tax evasion, the board released their full financial report which came with much more positive results for the Munich giants.
An operating profit of €95.6M, an increase of 11% and an after tax profit of €14M
The organization has an equity capital of €286.8M, a 3% increase over the previous year
A record dividends check for all FC Bayern Mùnchen eV shareholders amounting to 30 cents a share
Club membership rose from 195,689 to 223, 985
Not bad for a team valued by Forbes at just over €1B and the world's 5th most valuable football club in April 2013. In case you've forgotten, that was two months before they won the treble.
The most important part from our perspective as Bayern Munich fans is the absolutely absurd amount of equity that this team has. Most football teams in the world are highly leveraged with the intent of putting enough talent on the pitch to make a run at, and sustain, the lucrative revenue stream of the UEFA Champions League. Juxtaposed to that is the fact that Bayern Munich have the equity and financial resources to basically buy an entire team of Mario Götze's. It going to be a fun few years with this team and this core of players knowing that Bayern Munich are going to have the financial resources to keep all those that wish to stay and win yet another treble (or two).