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After rampant speculation and rumors, Bayern Munich adds Viessmann Generations Group as new shareholder

Bayern Munich is strengthening its financial foundation and expanding its long-term business partnerships, with Viessmann Generations Group set to become the club’s fourth minority shareholder, per a release from FCBayern.com. The Munich-based family business is acquiring the final available equity…

Published: Thursday, 22 October 2026 at 10:22 AM
After rampant speculation and rumors, Bayern Munich adds Viessmann Generations Group as new shareholder
Key Things to Know
  • Viessmann Generations Group is set to become Bayern Munich's fourth minority shareholder via a capital increase.
  • The transaction will leave Viessmann with just under 6.7% ownership, while Bayern Munich eV maintains 70% control.
  • Bild reports Bayern Munich will receive €250 million from the sale of the equity stake.
The Story in 60 Seconds

Bayern Munich has confirmed that Viessmann Generations Group will become the club's fourth minority shareholder through a capital increase. The family-owned business is acquiring the final available equity stake, giving it just under 6.7% ownership once completed. Bayern Munich eV will retain its controlling 70% stake, while the other three existing minority shareholders will each hold just under 7.8%.

According to a report from Bild, Bayern will receive approximately €250 million from the transaction, which will initially be placed into the club's fixed deposit account. As part of the agreement, Viessmann CEO Max Viessmann is expected to join Bayern's supervisory board, expanding the board from nine members to 10.

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