Bayern Munich's profit drops by almost €50 million as club expect losses in the "three-digit million range" without fans
PA Images | "Both the sales generated and the fact that we were able to close the past season with a profit can be assessed positively. The reason for this is not least the outstanding success that our team has achieved," said chief executive officer Karl-Heinz Rummenigge.
The German club's turnover including player sales fell significantly from the record of €750 million set the season prior.
But as a series of other international heavyweights posted massive losses, the treble winning year resulted in a healthy profit for the Bavarians.
18 December 2020 - 1:33 PM
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