Bayern Munich reports record revenues of $913 million

Bayern Munich has emerged from the turmoil caused by the coronavirus pandemic in good financial health after reporting record total revenues of 854.2 million euros ($913 million) for the 2022-23 season. The previous record was 750.4 million euros ($802 million) from 2018-19. Bayern chief financial officer Michael Diederich said this “equates to an increase of around 30%” from the previous year and called it “an extraordinary achievement.” Bayern had posted record revenues every year from 2015 until the coronavirus pandemic influenced a downturn in 2020. Diederich said the group’s net profit rose to 35.7 million euros ($38 million), an increase of 23 million euros compared to the previous season.