#6 Bayern Munich

#6 Bayern Munich

Team Value
1
Enterprise values (equity plus net debt) based on May 17, 2022 exchange rates.
$4.86B(€4.5B)Calculated May 2023
Owner/Controlling Shareholder(s)
club members
Country
Germany
League
German Bundesliga
Domestic League Championships
32
Revenue
2
Revenue and operating income are for the 2021-2022 season, converted into U.S. dollars based on average exchange rates during the 2021-2022 season, converted to U.S. dollars based on the average exchange rates during that season (1 euro = $1.128, 1 GBP = $1.33).
$739M(€654M)
Operating Income
3
Earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations.
$133M(€118M)
Debt/Value
4
Includes stadium debt and is based on May 17. 2022 exchange rates.
0%
Match Day
$455M
Broadcasting
$1.4B
Commercial
$2.1B
Footnotes
  • 1. Enterprise values (equity plus net debt) based on May 17, 2022 exchange rates.
  • 2. Revenue and operating income are for the 2021-2022 season, converted into U.S. dollars based on average exchange rates during the 2021-2022 season, converted to U.S. dollars based on the average exchange rates during that season (1 euro = $1.128, 1 GBP = $1.33).
  • 3. Earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations.
  • 4. Includes stadium debt and is based on May 17. 2022 exchange rates.
Bayern Munich has been the only team in the Bundesliga to report after-tax profits in all three seasons affected by the Covid pandemic. The club's profits obviously took a downturn thanks to the pandemic, generating just 10 and 2 million euro in 2019/20 and 2020/21, respectively, after reporting a 53 million euro profit for the 2018/19 season. Bayern however looks to be putting the pandemic in its rearview, as the club reported a 13 million euro profit for the 2021/22 campaign.
Valuation Breakdown
4. Includes stadium debt and is based on May 17. 2022 exchange rates.
5. The portion of a team's value that is derived from gate receipts and corporate hospitality revenue.
6. The portion of a team's value derived from distributions from domestic league, cups and European competitions.
7. The portion of a team's value derived from sponsorships, merchandising and revenue from other commercial operations.
Value Change
14%
1-YEAR CHANGE
Historical
2023
Value1
Enterprise values (equity plus net debt) based on May 17, 2022 exchange rates.
$4.9B
2023
$4.9B
2022
$4.3B
2021
$4.2B
2020
$0
2019
$3B
2018
$3.1B
2017
$2.7B
2016
$2.7B
2015
$2.3B
2014
$1.9B
Revenue2
Revenue and operating income are for the 2021-2022 season, converted into U.S. dollars based on average exchange rates during the 2021-2022 season, converted to U.S. dollars based on the average exchange rates during that season (1 euro = $1.128, 1 GBP = $1.33).
$739M
2023
$739M
2022
$726M
2021
$703M
2020
$0
2019
$751M
2018
$640M
2017
$657M
2016
$570M
2015
$661M
2014
$561M
Operating Income3
Earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations.
$133M
2023
$133M
2022
$102M
2021
$49M
2020
$0
2019
$129M
2018
$105M
2017
$120M
2016
$60M
2015
$78M
2014
$122M
1. Enterprise values (equity plus net debt) based on May 17, 2022 exchange rates.
2. Revenue and operating income are for the 2021-2022 season, converted into U.S. dollars based on average exchange rates during the 2021-2022 season, converted to U.S. dollars based on the average exchange rates during that season (1 euro = $1.128, 1 GBP = $1.33).
3. Earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations.
Venue
Allianz Arena - owned
Seating Capacity
71,000
Key Connections

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