Bayern Munich Valued at £3.1bn as German Energy Giant Buys Stake in Harry Kane's Club
46 Articles
46 Articles
BAYERN now controls 70 percent of the professional company's shares.
Bayern Munich continues to strengthen its financial structure after selling 6.7% of its football club shares to German heating and air conditioning company Viessmann. The company has been a partner and sponsor of the Bavarians since 2018 and now becomes the club's fourth minority shareholder. The deal was completed through a capital increase and represents the last remaining shareholding. Viessmann joins Adidas, Audi and Allianz, who each own 7.…
German giant Bayern Munich sold 6.7% of its shares to a new shareholder. The proceeds from this sale have significantly increased the club's coffers.
The family of the founder of the heating plant, Viessmann, was among the shareholders of the German football club Bavaria, buying a 5% share, and reported to the club.
Bayern Munich valued at £3.1bn as German energy giant buys stake in Harry Kane's club
German football giants Bayern Munich have been valued at £3.1bn after taking minority investment from long-standing sponsor Viessmann Generations Group. Viessmann Generations Group has acquired 6.7 per cent of Bayern Munich AG, the commercial entity that houses the professional club and all its business operations, in a transaction local media reported as being worth €250m [...]
derwesten.de
News38FC München sells shares to a Munich family-owned company - and thereby fully exploits its statutory limit for external investors.
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