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Bayern Munich Sells Stake to Energy Giant
15 Aug
Summary
- Bayern Munich is selling 5% of its capital to Viessmann.
- The deal is expected to bring in €250 million to the club.
- Viessmann will become the fourth-largest shareholder in Bayern.
Bayern Munich is set to welcome Viessmann, a prominent company in heating and air-conditioning systems, as a new investor. The German football club is preparing to sell a 5% stake in its capital to Viessmann.
This strategic move is expected to significantly boost the club's financial resources, with an estimated 250 million euros pouring into its coffers. This investment will establish Viessmann as the fourth-largest shareholder in Bayern Munich.
Currently, Allianz, Adidas, and Audi each hold 8.33% of the club's shares. The association will continue to own the majority of shares, retaining 70% and control over voting rights.
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