Editing FC Bayern Munich (section)

==Organization and finance==
[[File:Franz Beckenbauer 2006 06 17.jpg|thumb|upright|Bayern's former president from 1994 to 2009 and former player [[Franz Beckenbauer]]]]
{{see also|Forbes list of the most valuable sports teams}}
Bayern is mostly led by former club players. From 2016 to 2019, [[Uli Hoeneß]] served as the club's president, following [[Karl Hopfner]] who had been in office from 2014; Hoeneß had resigned in 2014 after being convicted of tax fraud.<ref name="Uli Hoeness resigns as Bayern Munich president after court case">{{Cite news |date=14 March 2014 |title=Uli Hoeness resigns as Bayern Munich president after court case |work=BBC Sports |url=https://www.bbc.com/sport/0/football/26574681 |url-status=live |access-date=15 March 2014 |archive-url=https://web.archive.org/web/20140315010523/http://www.bbc.com/sport/0/football/26574681 |archive-date=15 March 2014}}</ref><ref>{{cite web |title=Members' club |url=http://www.fcbayern.de/en/club/club/members/ |archive-url=https://web.archive.org/web/20150925081838/https://www.fcbayern.de/en/club/club/members/ |archive-date=25 September 2015 |publisher=FC Bayern Munich}}</ref> [[Oliver Kahn]] was chairman of the executive board of the AG.<ref name="CompanyInfo">{{cite web |title=Company |url=https://www.fcbayern.de/en/club/company/members/ |access-date=11 July 2021 |publisher=FC Bayern Munich |archive-date=26 September 2015 |archive-url=https://web.archive.org/web/20150926003000/http://www.fcbayern.de/en/club/company/members/ |url-status=live }}</ref> The [[supervisory board]] of nine consists mostly of managers of big German corporations. Besides the club's president and the board's chairman, they are [[Herbert Hainer]] former CEO of (Adidas), [[Dr. Herbert Diess]] chairman of (Volkswagen), Dr. Werner Zedelius senior advisor at (Allianz), [[Timotheus Höttges]] CEO of (Deutsche Telekom), Dieter Mayer, [[Edmund Stoiber]], Theodor Weimer CEO of (Deutsche Börse), and Dr. Michael Diederich speaker of the board at (UniCredit Bank).<ref>{{Cite journal |year=2010 |title=Mitglieder des Aufsichtsrates der FC Bayern München AG gewählt |journal=Bayern Magazin |language=de |volume=61 |issue=11 |page=14}}</ref><ref name="supervisory board members">{{cite web |title=New FC Bayern Munich AG supervisory board |url=https://fcbayern.com/en/news/2018/12/press-release-new-supervisory-board |access-date=22 December 2018 |publisher=fcbayern.com |archive-date=6 April 2023 |archive-url=https://web.archive.org/web/20230406072235/https://fcbayern.com/en/news/2018/12/press-release-new-supervisory-board |url-status=live }}</ref>

Professional football at Bayern is run by the spin-off organisation ''FC Bayern München AG''. ''AG'' is short for ''[[Aktiengesellschaft]]'', and Bayern is run like a [[joint stock company]], a company whose stock are not listed on the public stock exchange, but is privately owned. 75&nbsp;per cent of ''FC Bayern München AG'' is owned by the club, the ''FC Bayern München e.&nbsp;V.'' (''e.&nbsp;V.'' is short for ''[[Registered association (Germany)|eingetragener Verein]]'', which translates into "registered association"). Three German corporations, the sports goods manufacturer [[Adidas]], the automobile company [[Audi]] and the financial services group [[Allianz]] each hold 8.33&nbsp;per cent of the shares, 25&nbsp;per cent in total.<ref name="CompanyInfo" /> Adidas acquired its shares in 2002 for €77&nbsp;million. The money was designated to help finance the [[Allianz Arena]].<ref>{{Cite book |last=Schulze-Marmeling |first=Dietrich |title=Die Bayern. Die Geschichte des deutschen Rekordmeisters |publisher=Die Werkstatt |year=2003 |isbn=3-89533-426-X |pages=473–474 |language=de}}</ref> In 2009, Audi paid €90&nbsp;million for their share. The capital was used to repay the loan on the Allianz Arena.<ref name="200809summary">{{cite web |date=27 November 2009 |title=FCB in profit for the 17th year in a row |url=http://www.fcbayern.t-home.de/en/news/news/2009/21540.php |url-status=dead |archive-url=https://web.archive.org/web/20091204014012/http://www.fcbayern.t-home.de/en/news/news/2009/21540.php |archive-date=4 December 2009 |access-date=11 December 2009 |publisher=FC Bayern Munich Official Website}}</ref> And in early 2014, Allianz became the third shareholder of the company acquiring theirs share for €110&nbsp;million. With the sale, Bayern paid off the remaining debt on the Allianz Arena 16 years ahead of schedule.<ref>{{cite web |date=11 February 2014 |title=Allianz acquires stake in FC Bayern München AG |url=https://fcbayern.com/en/news/2014/02/press-release-110214-allianz |access-date=28 May 2019 |website=FC Bayern Munich |archive-date=12 February 2018 |archive-url=https://web.archive.org/web/20180212005250/https://fcbayern.com/en/news/2014/02/press-release-110214-allianz |url-status=live }}</ref>
[[File:MAN Lion’s Coach des FC Bayern München, Januar 2014.jpg|thumb|left|The Bayern Munich team bus provided by sponsor [[MAN SE|MAN]]]]

Bayern's shirt sponsor is [[Deutsche Telekom]]. Deutsche Telekom has been Bayern's shirt sponsor since the start of 2002–03 season. The company extended their sponsorship deal in August 2015 until the end of the 2026–27 season.<ref>{{Cite web |last=AG |first=Deutsche Telekom |title=Deutsche Telekom extends partnership with FC Bayern Munich |url=https://www.telekom.com/en/media/media-information/archive/deutsche-telekom-extends-partnership-with-fc-bayern-1013130 |access-date=25 April 2023 |website=telekom.com |language=en |archive-date=25 April 2023 |archive-url=https://web.archive.org/web/20230425134914/https://www.telekom.com/en/media/media-information/archive/deutsche-telekom-extends-partnership-with-fc-bayern-1013130 |url-status=live }}</ref> Previous kit sponsors were Adidas<ref>{{cite web |title=Picture of Uli Hoeneß with Adidas jersey |url=http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00234.php |url-status=dead |archive-url=https://web.archive.org/web/20081221215718/http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00234.php |archive-date=21 December 2008 |publisher=FC Bayern Munich Official Website}}</ref> (1974–78), [[Magirus|Magirus Deutz]] and [[Iveco]]<ref>{{cite web |title=Picture of Karl-Heinz Rummenigge with Magirus-Deutz jersey |url=http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00235.php |url-status=dead |archive-url=https://web.archive.org/web/20081221220041/http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00235.php |archive-date=21 December 2008 |publisher=FC Bayern Munich Official Website}}</ref> (1978–84), [[Commodore International|Commodore]]<ref>{{cite web |title=Mr Consistency |url=http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00145.php |url-status=dead |archive-url=https://web.archive.org/web/20090505170131/http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00145.php |archive-date=5 May 2009 |access-date=28 May 2013 |publisher=FC Bayern Munich Official Website}}</ref> (1984–89) and [[Opel]]<ref>{{cite web |title=Picture of Stefan Effenberg with Opel jersey |url=http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00147.php |url-status=dead |archive-url=https://web.archive.org/web/20081221215713/http://www.fcbayern.t-home.de/en/company/club/hall_of_fame/00147.php |archive-date=21 December 2008 |publisher=FC Bayern Munich Official Website}}</ref> (1989–2002). Bayern's kit manufacturer is Adidas, who have been Bayern's kit manufacturer since 1974. The deal with Adidas runs until the end of the 2029–30 season.<ref>{{cite web |last=Connolly |first=Eoin |date=29 April 2015 |title=Bayern renew Adidas deal to 2030 |url=http://www.sportspromedia.com/news/bayern_renew_adidas_deal_to_2030 |url-status=live |archive-url=https://web.archive.org/web/20180226075139/http://www.sportspromedia.com/news/bayern_renew_adidas_deal_to_2030 |archive-date=26 February 2018 |access-date=28 May 2019 |website=Aports Pro}}</ref>

Bayern is an exception in professional football, having generated profits for 27 consecutive years.<ref name="very_solid_foundations" /> Other clubs often report losses, realising transfers via loans, whereas Bayern always uses [[current asset]]s. In the 2019 edition of the [[Deloitte Football Money League]], Bayern had the fourth-highest revenue in club football, generating revenue of €629.2 million. Bayern had the second-highest commercial revenue in the 2019 Deloitte Football Money League, behind only Real Madrid. Bayern's commercial revenue was €348.7 million (55 per cent of total revenue). In contrast, Bayern's matchday revenue trails other top clubs at €103.8 million (17 per cent of their total revenue).<ref>{{cite web |date=January 2019 |title=2019 Football Money League |url=https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/sports-business-group/deloitte-uk-deloitte-football-money-league-2019.pdf |access-date=14 June 2019 |website=Deloitte.com |archive-url=https://web.archive.org/web/20190125013210/https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/sports-business-group/deloitte-uk-deloitte-football-money-league-2019.pdf |archive-date=25 January 2019 |url-status=live }}</ref> In 2017, ''[[Forbes]]'' ranks Bayern as the world's fourth-most valuable football club in their [[Forbes' list of the most valuable football clubs|annual list]], estimating the club's value at €2.5 billion.<ref>{{cite web |date=1 June 2017 |title=Bayern Munich on the Forbes Soccer Team Valuations List |url=https://www.forbes.com/teams/bayern-munich/ |archive-url=https://web.archive.org/web/20180210235244/https://www.forbes.com/teams/bayern-munich/ |archive-date=10 February 2018 |access-date=10 February 2018 |website=[[Forbes]]}}</ref>

While other European clubs have mainly marketed to international audiences, Bayern had focused on Germany.<ref>{{Cite news |last=Bensch |first=Bob |date=21 May 2012 |title=Bayern Munich Second in Brand Value After Champions League Final |publisher=Bloomberg L.P. |url=https://www.bloomberg.com/news/2012-05-20/bayern-munich-second-in-brand-value-after-champions-league-final.html |url-status=live |access-date=21 May 2012 |archive-url=https://web.archive.org/web/20120524132421/http://www.bloomberg.com/news/2012-05-20/bayern-munich-second-in-brand-value-after-champions-league-final.html |archive-date=24 May 2012 }}</ref> Since the 2010s, Bayern have started to focus their marketing more on [[Asia]] and the [[United States]]. Bayern made summer tours to the United States in 2014 and 2016.<ref>{{cite web|url=https://www.bavarianfootballworks.com/2014/1/17/5317838/bayern-munich-usa-summer-mls-all-star-portland-vancouver-new-york|title=Bayern Munich's USA summer tour might be taking them to Vancouver and New York}}</ref><ref>{{cite web|url=https://www.espn.in/football/story/_/id/37482706/bayern-munich-tour-us-exceeded-expectations-karl-heinz-rummenigge|title=Bayern Munich tour of U.S. exceeded expectations - Karl-Heinz Rummenigge}}</ref> Bayern went to [[China]] in the summer of 2015 and returned in the summer of 2017, where they also played games in [[Singapore]]. In August 2014, Bayern opened an office in New York City as the club wants to strengthen their brand positioning against other top European clubs in the United States.<ref>{{cite web |date=1 August 2014 |title=FCB opens New York City office |url=https://fcbayern.com/en/news/2014/08/fcb-open-office-in-new-york-city |access-date=28 May 2019 |website=FC Bayern Munich |archive-date=12 February 2018 |archive-url=https://web.archive.org/web/20180212005230/https://fcbayern.com/en/news/2014/08/fcb-open-office-in-new-york-city |url-status=live }}</ref> In March 2017, Bayern opened an office in [[Shanghai]], China.<ref>{{Cite web |date=22 March 2017 |title=FC Bayern opens China office in Shanghai |url=https://fcbayern.com/en/news/2017/03/press-release-fc-bayern-opens-china-office-220317 |access-date=21 March 2024 |website=FC Bayern München News}}</ref>