Booming Bundesliga posts record turnover
By Football News
Bundesliga clubs have announced a record turnover of more than two billion euros, with a net income 7.2 percent greater than last season.
The total earnings for the clubs in the league was marked as 2.081 billion euros for last season, which was up from the 2010/11 number of 1.941 billion.
The Deutschland Football League (DFL), also announced that as many as 14 of the 18 teams in the division have enjoyed a profitable year.
"The foundations for this successful path are financial good sense as well as targeted investment in sporting efficiency and infrastructure," DFL chief executive Christian Seifert told reporters.
"The Bundesliga is well equipped to deal with the challenges ahead."
The figures were inflated by Bayern Munich's run to the Champions League final, which reportedly earned them 41.7 million euros.
Germany's second division also boasted an improvement of 7.4 percent with a turnover record of 384.5 million euros.