Bayern set for record 350-million-euro turnover

German footballing giants Bayern Munich are set to achieve a record turnover of 350 million euros, club president Karl-Heinz Rummenigge said Tuesday.

“We’re basing this on a turnover exceeding 300m euros for the first time. With the consolidated takings of the Allianz-Arena (Bayern’s stadium) that should establish it around 350m,” Rummenigge told Focus-Money magazine.

Bayern completed the German league and Cup double last season, but lost the Champions League final to Inter Milan.

The Bavarian club’s previous record was 286.6 million euros in 2006-07.

Bayern, who have spent nothing on the transfer market this summer, will make a profit for the 16th consecutive year, Rummenigge said.

“Honestly, the crisis, we know nothing about it,” he added.