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.
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