“Following the treble winning season in 2012/13, Bayern Munich enjoyed another year of success in 2013/14, once again securing the domestic league and cup double, while reaching the Champions League semi-finals before going down to eventual winners Real Madrid. The excellent season on the pitch was matched off it with revenue surging 13% to €487.5 million and profit before tax up to €25.9 million (€16.5 million after tax). Furthermore, all outstanding debt on the club’s Allianz stadium was paid off 15 years early.” The Swiss Ramble
Bayern Munich – The Model
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