Bayern Munich received a lot of backlash for their unsuccessful attempts to sign Florian Wirtz and Nick Woltemade this summer. The Premier League, which generates significantly more broadcast income than the Bavarians, eventually drew both players. However, Jan-Christian Dreesen, the CEO of Bayern, does not think that this will force Bayern to postpone further transfers.
“We can afford any transfer we want. We have an excellent capital ratio, and FC Bayern is doing very well financially. “But we want to be able to pay a player – without having to run to the bank. That’s not in FC Bayern’s DNA,” he told Welt am Sonntag. Dreesen went on to discuss in detail the financial breakdown of Europe’s biggest teams in terms of annual spending power. “The bottom [placed] team in the English league, at €125 million, earns €60 million more in media revenue than us. “Liverpool has €200million, Barcelona and Real Madrid each have €160million,” the 58-year-old explained with a wry smile. Clearly, Dreesen is not deterred by the growing financial gulf between the German record champions and the other European elites.