Bayern Munich CFO Michael Diederich addresses rumored 20% wage bill cut
Briefly

Bayern Munich prioritizes financial health while managing expenditures associated with maintaining competitiveness. The club's inability to capitalize on departing players has limited their budget for significant transfers. CFO Michael Diederich reassures stakeholders about their financial stability, emphasizing a balanced approach. He warns against overspending, stating that monetary resources are limited. Additionally, there are plans to reduce the wage bill by up to 20% by 2025 to ensure alignment between financial realities and sporting goals while considering market conditions.
Even though it's been more full at times, we can still sleep well. As a club, we're healthy because we've always maintained a balance. I'm not worried.
The money supply isn't endless, even at FC Bayern. Certain framework conditions must be observed to maintain financial flexibility and independence.
Read at Bavarian Football Works
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