Although
bad news are rare when it comes to the 5 times Champions League winning
Bavarian side, Bayern Munich chairman has sprayed an ecstasy into Bayern Munich
supporters after claims that were indirectly related to Bayern Munich transfer
policy.
Bayern Munich CEO Karl-Heinz Rummenigge has told the club official magazine a good news 16 years
ahead of schedule. Yes, 16 years ahead of schedule. And so as a virtue of that
good news, is the good-news that relates indirectly.
When Bayern Munich started
invigorating the Allianz Arena way back in 2005, it was expected from the
club’s finances that they’ll be able to pay off their debts till 2030, a period
of 25 years.
However, call it good
management of resources, or good performances on the pitch with consistency,
Bayern Munich have paid off the debt, which accounted to about 346million
euros, 16 years ahead of schedule.
And while club’s finances
outside the transfer market are off a little concern to the fans who always
want the best penny to be spent on a player, Bayern Munich CEO Karl-Heinz
Rummenigge has told club magazine that where are they expected to spend that
extra money that the club has saved by repaying the debts early on.
In his statement, the German
said: “The revenues from the Allianz
Arena can soon also be invested in the quality of the team.”
And in response to his
statement, many financial experts have calculated the amount to be 20million
pounds per year which is to be saved. And as being told by the CEO, the Germans
won’t be miser when it comes to spend that money for the well-being of the
club.
Amir Bashir follow him on Twitter.
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