Bayern Continue to Post Impressive financial figures

Bayern Munich has announced a Eur1.3 million profit for the 2010-11 season despite failing to land any silverware, with the club stating it is in a strong position to meet UEFA’s Financial Fair Play (FFP) regulations.

Bayern’s 2010-11 campaign saw the club finish third in the 1.Bundesliga, lose to Schalke 04 in the semi-finals of the DFB Cup and exit the UEFA Champions League at the round of 16. The club has blamed this lack of sporting success, allied to the economic downturn, as the reasons behind it failing to match its Eur2.9 million profit for 2009-10. Bayern posted a turnover of Eur290.9 million compared to Eur312 million in 2009-10 with sponsorship and commercial revenues remaining relatively unchanged at Eur82.3 million. However, merchandising revenues increased to Eur43.9 million, up from Eur38.9 million last season. UEFA’s FFP rules, which state clubs must break even over three years, come into full effect in 2013-14 and Bayern’s 19th consecutive year of profits stands the club in good stead, according to board director Karl Hopfner.

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