Organization and finance

Bayern's former president from 1994 to 2009 and former player Franz Beckenbauer

Professional football at Bayern is run by the spin-off organization FC Bayern München AG. AG is short for Aktiengesellschaft, and Bayern is run like a joint stock company, a company whose stock are not listed on the public stock exchange, but is privately owned. 81.82% of FC Bayern München AG is owned by the club, the FC Bayern München e. V. (e. V. is short for Eingetragener Verein, which translates into "Registered Club") and 9.09% each by sports goods manufacturer Adidas, and automobile company Audi which are also major sponsors of the club. Adidas acquired its shares in 2002 for €77m. The money was designated to help finance the Allianz Arena. In 2009 Audi paid €90m for their share. The capital will be used to repay the loan for the Allianz Arena quicker than originally planned.
Bayern's main advertising partner and current holder of the jersey rights is Deutsche Telekom. The main supplier of the club is Adidas. Other premium partners include Audi, Coca-Cola, Lufthansa, Nikon, Siemens, and Sony Ericsson. In previous years the jersey rights were held by Adidas (1974–78), Magirus Deutz and Iveco (trucks / 1978–84), Commodore (computers / 1984–89) and Opel (cars / 1989–2002).
Bayern is led mostly by former club players. The club President is Uli Hoeneß. He has been in office, formerly as general manager of the club, since 1979. Karl-Heinz Rummenigge is the chairman of the executive board of the AG. The supervisory board of nine consists mostly of managers of big German corporations. They are Herbert Hainer (CEO adidas), Uli Hoeneß, Timotheus Höttges, Helmut Markwort, Dieter Rampl, Fritz Scherer, Rupert Stadler, Edmund Stoiber, and Martin Winterkorn.
After record revenues of €328.4 Million in 2007–08 and an after tax profit of €2.1 Million, Bayern reported revenues of €303.8 Million and a profit of €2.5 Million in 2008–09. According to the latest Deloitte's annual Football Money League, Bayern was the fourth richest club in the world in 2009, generating revenues of €289.5 Million.