German soccer powerhouse Bayern Munich is one of the most profitable clubs in the world — and its most recent financial results prove why.
The team reported record revenue of nearly $914 million for a 2022-23 season that brought a 33rd Bundesliga championship and saw the club reach the quarterfinals of the UEFA Champions League.
The club’s previous revenue record was $802 million during the 2018-19 season, the last before the pandemic. Net profit for Bayern Munich last season was $38.2 million, representing an increase of more than $24 million compared to the previous year.
The financial success shouldn’t be that surprising, as Bayern was the only Bundesliga team to make a profit in all three pandemic-affected seasons.
Bayern Munich’s most recent valuation from Forbes is $4.86 billion — far and away the highest in German soccer and sixth in the world.
Over the summer, Bayern Munich ended a lucrative deal with Qatar Airways that had reportedly brought in more than $100 million for the club. But in August, the club signed a major, five-year contract with Visit Rwanda.
Bayern is currently second in the Bundlesliga standings, just two points off first-place Bayer Leverkusen. The club also sits in first place of its Champions League group, having won all four of its group-stage matches thus far.