Bayern Munich chief targets big-name players after stadium debt is cleared
Bayern Munich chairman and president Uli Hoeness claims that the Bundesliga giants will one day dip their toes into the higher end of the transfer market, but not before they have paid off the cost of building the Allianz Arena.
The club moved into the stadium along with city rivals and Second Bundesliga outfit TSV 1860 Munchen at the start of the 2005-06 season. The stadium was built at a cost of approximately 340 million euros, and all of Bayern's surplus is currently going towards
paying off the debt.
However, Hoeness revealed that, once the sum is paid off, Bayern will use all of their surplus to fund improvements in the squad.
In the biography of former club treasurer Heinrich Schmidhuber, he is quoted as saying: "If the stadium is paid off in six to 10 years, then FC Bayern will be a very powerful side, and the other Bundesliga clubs will face a tough task.
"All proceeds from boxes, viewers, advertising, etc, that are now used for eradication of debt, will be used to improve the squad. We're talking about €20-30m per year. Then it'll be fun for the league!"
The president's remarks hint towards the club using the extra money to bring in top-class players in an effort to establish dominance of the Bundesliga and to improve upon their UEFA Champions League final appearance last season.
The club has several big-name talents on their books including 2010 FIFA World Cup finalist Arjen Robben, France international Franck Ribery and Mario Gomez. However, they declined to make any signings during the summer transfer window and remained content
with the returns of Toni Kroos, Breno and Andreas Ottl, who had all been on loan at other clubs.
Bayern are currently sitting in eighth place in the Bundesliga, 14 points behind leaders Borussia Dortmund, as they bid to defend their title.
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