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Bayern announces record financial results

Record profits and club operating income of more than 100 million euro have been announced by Bayern Munich at the club's AGM.

Bayern Munich have announced record financial figures for the 2014-15 season, including an operating income which exceeded 100 million euros ($106 million) for the first time.

The club posted a turnover of more than €523 million, built largely on significant matchday revenue across the Bundesliga, DFB-Pokal and Champions League, and a boost in commercial operations.

Although that total turnover figure was down on last year by €5 million, a jump of €12.6 million in operating profit in the same period has led to an after-tax profit of €23.