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|GUANGZHOU Vontae Davis Jersey , July 24 (Xinhua) -- German giants Bayern Munich concluded their visit to China on Thursday, with chairman Karl-Heinz Rummenigge sharing glimpse into the success running of the soccer club.
Soccer circles in China are wondering, what did the Bundesliga champions leave behind beside the matches they played? Why could Bayern realize profit for the 22 consecutive years?
Despite the huge outlays in transfer market in recent seasons with more than 25 million euros of pretax profits in 2013-2014, it is their 22nd consecutive year for Bayern to realize profit which made them unique in European big clubs.
"Your income must exceed your outlay, it's German culture and the operation principle we have insisted for years Adolphus Washington Jersey , it's simple," Rummenigge said.
In 2013-2014, Bayern's business income reached 290 million euros accounting for 60% of the total income which delights the clubs in China who could not realize breakthrough in broadcasting rights and match-day revenues.
"China is an important market for us, we have a long-term planning to open the Chinese market," he said.
Rummenigge Taron Johnson Jersey , who claimed the Golden Ball Award two times, thought that a professional football stadium was essential for a club.
He said: "I know Guangzhou is planning to build a professional stadium, it is important, a professional stadium could contribute to creating atmosphere and business development, it's a home of the club."
Guangzhou Evergrande set the role model of Chinese Super League in club operation as the CSL defending champions brought in strategic investor such as Alibaba Group which won praise from Rummenigge.
"Evergrande have a good operation mode Harrison Phillips Jersey , I think it is a good way for Evergrande to bring in strategic investors and plan to go public, Liu Yongzhuo (board member of the club) is a smart man, Evergrande will be better and better on this way," he said.
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RIO DE JANEIRO, April 19 (Xinhua) -- Brazil modified a proposal to raise the retirement age after police officers violently protested the measure Zay Jones Jersey , a legislator said on Wednesday.
Lawmaker Arthur Maia, rapporteur of the Brazilian social security reform in the Congress, announced the minimum age for police officers to retire was lowered from the proposed 65 to 55, closer to what it is today.
Retirement age in other careers remains at 65 for men and 62 for women.
Finance Minister Henrique Meirelles on Tuesday took pains to say the changes would "not alter a very significant portion of the original" proposed reforms.
The reform bill, designed to lower the country's public deficit Tre'Davious White Jersey , is extremely unpopular among average Brazilians, but has been touted by credit-rating agencies as necessary to curb public spending.
Protesting policemen broke into the Congress building in Brasilia on Tuesday and clashed with security guards, demanding the government acknowledge the special circumstances of police work and the risks involved.
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