Table-topping Bayern Munich posts another significant turnover

Munich - German champion Bayern Munich recorded a second successive turnover of more than €500 million for the 2014-2015 season, confirming the Bavarians as the country's financial powerhouse.

Bayern's turnover was €523.7 million, down slightly on the previous year's €528.7 million.

The club also recorded post-tax profits of €23.8 million against €16.5 million in the 2012-13 campaign.

"Our Bayern is exceptional both economically and in sporting terms," said financial director Jan-Christian Dreesen in a statement released just before the club's annual meeting in Munich.

"Our financial strength aims to invest regularly in the team so that it continues to be competitive at the top level of Europe.

"Strong sporting success and economic strength is our motto."