Bayern Munich is at a competitive disadvantage per CEO Oliver Kahn

Bayern Munich is broke.

Well, not really, but the club is not in any position to spend, and it’s very likely that the rest of the summer window will go by without any more players transferring to Munich. With the club having suffered a loss in revenue of around €150 million, the finances haven’t looked tighter in quite some time, and the board looks more resolute than ever to keep things conservative and watertight. And that might mean no more transfers.

Speaking to Abendzeitung, Bayern Munich CEO Oliver Kahn pointed out that “Bayern Munich are at a competitive disadvantage.” And he’s right. The Bavarians are in a tight spot, despite being among the wealthiest clubs in the world in terms of revenue. Clubs like Manchester City, Chelsea FC, and PSG have been unafraid to break the bank to bring in top talent, and they are being backed by a seemingly endless supply of money flowing in from the oligarchs.

With PSG bringing in Hakimi for €60 million and offering Sergio Ramos a lucrative wage package, Manchester City in talks to bring in Harry Kane and/or Jack Grealish and Chelsea behind Erling Haaland and Federico Chiesa, things haven’t looked bleaker in a while. But there is still hope, because according to Kahn, “FC Bayern have always managed to compensate for this with [their] incredibly strong culture of success. You can’t just copy that.”

So yeah, while things might not be looking very rosy at the moment, Bayern fans have little to worry about. This squad is still strong enough to compete for every top trophy in club football.