Karl-Heinz Rummenigge "shocked" at Bayern Munich's spending in his absence
Briefly

Karl-Heinz Rummenigge "shocked" at Bayern Munich's spending in his absence
""When I stepped down (in 2021), the sun was shining brightly. We had won seven titles, and the finances were fine despite the COVID pandemic," said Rummenigge (via @iMiaSanMia). "After that, we spent a bit too much money, and we have to be self-critical about that. When I came back two years ago, I was honestly a bit shocked when I looked at the finances and said, "Guys, if we keep going like this, we're going to run into financial trouble.""
""Since winning the sextuple in 2020, Bayern struggled mightily with consistency in the management and locker room. Now that Rummenigge is back in the fold, he added that "our new philosophy also includes cost-cutting. We musn't make the mistake of letting the English dictate the transfer market. And for that matter, not the media either. We have our DNA, and you can't buy it. We won't go along with this madness.""
Karl-Heinz Rummenigge won two European Cups, two Bundesliga titles, two DFB-Pokal cups, and finished runner-up with West Germany in back-to-back World Cups in the 1980s. He served as an executive or board member at Bayern Munich for three decades, and a 1984 record transfer fee potentially saved the club from financial ruin. Rummenigge stepped down as CEO in 2021 and was replaced by Oliver Kahn, then returned to the supervisory board two years later. He found the club's finances strained and identified potential financial trouble, prompting a cost-cutting philosophy focused on resisting inflated transfer-market behavior and media-driven decisions. Fans remain divided as reliance on a small group of high-salary players has undermined consistency and performance outside the Bundesliga.
Read at Bavarian Football Works
Unable to calculate read time
[
|
]