Bayern Munich confirms Viessmann Group as new investor
Yahoo Sports • 1 min read • Latest: Oct 22, 2026, 8:25 AM
Last updated Oct 22, 2026

Bayern Munich has confirmed that the Viessmann Generations Group will become the club's fourth external shareholder. The investment group, led by Max Viessmann, will acquire a stake of just under 6.7% in FC Bayern München AG. As a result, the parent association's stake will decrease from 75% to 70%. Existing shareholders Adidas, Audi, and Allianz will also see their holdings diluted. Max Viessmann will join Bayern's supervisory board, expanding it from nine to ten members. Bayern president Herbert Hainer expressed positive sentiments regarding the partnership and its financial implications.
- •Viessmann Generations Group acquires just under 6.7% stake.
- •Parent association's stake reduces from 75% to 70%.
- •Adidas, Audi, Allianz to have diluted holdings.
- •Max Viessmann joins the supervisory board.
- •Hainer highlights long-term partnership benefits.
- 8:25 AMYahoo Sports — Bayern Munich confirm new investor in major ownership shake-up
"Bayern Munich have confirmed that the Viessmann Generations Group will become the club's fourth external shareholder in a behind-the-scenes shakeup. Der Rekordmeister have announced that the investme...
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