Bayern Munich expecting record £290m turnover

Der Rekordmeister are likely to set a new record...
Bayern Munich are expecting to comfortably exceed their previous revenue record with a €350 million (£290m) turnover during the financial year of 2009-10.

"We are still working on the financial statements. But we can assume that we have, for the first time, broken the €300m (£249m) barrier," CEO Karl-Heinz Rummenigge told business magazine Focus Money.

"We are calculating the consolidated revenues of the Allianz Arena, which will be around €350m."

Bayern's previous sales record was €286.8m (£238m), earned during the 2007-08 season. The club is expected to be in the 'black' for a 16th consecutive year.

Rummenigge hailed his team's financial stability in last year's uncertain market: "Frankly, we had no crisis."

The reigning German champions are expected to be among Europe's most profitable clubs of the 2009-10 season, with only Real Madrid, Manchester United and Barcelona expected to exceed their revenue.

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