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Transfer Rater: Otamendi to Madrid?


Bayern Munich reveal record turnover

Bayern Munich have posted a record turnover of 432.8 million euros for the 2012-13 season.

Munich's Allianz Arena hosted the 2012 Champions League final
Bayern are on the crest of a wave at the moment.

• Schaaf: Bayern's best ever year

Bayern, who now have 223,985 members, clinched a historic Treble last campaign, and that success has led to a financial boost from last year's turnover of 373.4 million euros.

"Complementing our sporting success, we can also be very proud of our commercial performance," finance director Jan-Christian Dreesen said. "Our club belongs among the biggest in the world."

Bayern also posted payroll costs of over 200 million euros -- an increase of over 40 percent -- which are as high of those of the Bundesliga sides Braunschweig, Freiburg, Augsburg, Berlin, Nurnberg, Mainz, Hoffenheim and Frankfurt combined, according to Die Welt.

The announcement was, however, overshadowed by Uli Hoeness' first speech following news of his tax trial next March -- the Bayern president is to ask for a vote of confidence from the club members.

Hoeness broke into tears after Bayern CEO Karl-Heinz Rummenigge had emotional words for his friend, while the club members had chanted "Uli Hoeness, you are the best man."

"I’m overwhelmed. Not just because of your speech, Karl-Heinz, but because of the reaction of our membership,” Hoeness said.

The Bayern president said he will never forget the support "in difficult personal times" and that made him "unbelievably proud."

In his speech he announced he will call a meeting in the near future to voluntarily "submit myself to the will of the membership by asking for a vote of confidence." He added: "I wish to give the membership the right to decide whether I’m still the right president for this club.”

The vote of confidence is a reply to several German papers asking the Bayern president to step down in the wake of his voluntary disclosure. He said: “I never considered stepping down, because the club never proposed it to me. The only important thing to me is the club, not the Handelsblatt [one of the papers asking Hoeness to step down].”

The Hoeness speech and the annual meeting was controversially received in German media, with Die Welt calling it a “pathological loss of reality” and suggesting that the vote of confidence will result in a 99.8% backing.


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