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SO MUCH depends on HIM this summer: FC Bayern's €100 million man


Highlights: Michael Diederich is the new Chief Financial Officer of FC Bayern Munich. The 57-year-old replaced Jan-Christian Dreesen, who is now the club's sporting director. Uli Hoeneß, the honorary president of the club, describes him as a "top man" He is responsible for the finances, which developed well under Karl Hopfner. He will also be the one who will be able to announce record sales of more than 800 million euros at the annual general meeting in autumn.

FC Bayern is currently repositioning itself. The Chief Financial Officer has also been replaced. Michael Diederich could become the 100 million euro man.

Munich – The sausage thing has become a tradition. When Michael Diederich moved into his office on Säbener Straße about two months ago, the new CFO invited FC Bayern employees to a white sausage breakfast.

FC Bayern Munich
Founded:February 27, 1900 (age 123)
Coach:Tomas Tuchel (since 2023)
Cfo:Michael Diederich (since 2023)
Total market value of the squad:979.70 million (source:

FC Bayern CFO: This is Michael Diederich

The gesture was well received, the atmosphere was great, just like last Wednesday, when the same thing was served in the canteen for a special occasion. Diederich was there again, but this time the 57-year-old played a smaller role. The main host was Jan-Christian Dreesen – actually his predecessor, but now: the boss.

The constellation that has emerged in the turbulent past few weeks is curious. A man for whom the farewell interviews had already been scheduled suddenly becomes the one who is supposed to lead the club back to its old strength.

Michael Diederich (centre) could wave through FC Bayern's first €100 million transfer in the summer. © IMAGO/Frank Hoermann / SVEN SIMON

Curiously, Diederich was supposed to succeed Dreesen – now he's his boss

And the man who left Unicredit Bank as spokesman for FC Bayern to succeed Dreesen must now work closely with his actual predecessor. You can see the matter positively - and say: Experience and exchange certainly don't hurt at the start.

But you can also see it negatively – and say: Diederich's plan to go his own way is slowed down a little by the unexpected development.

Uli Hoeneß raves about new CFO Diederich: "Top man"

For Uli Hoeneß, the matter is clear. The honorary president describes Dreesen and Diederich in the SZ as a successful team "to bring peace and stability back into the club", and added: "Michael Diederich is a top man, and both harmonize really well in my opinion."


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It is only logical that the forces are bundled in the current situation – and in view of the vacant position of sporting director. And Diederich, who was promoted to deputy chairman of the board a good month earlier than planned after Oliver Kahn's departure, has a not inconsiderable task in the power structure.

Michael Diederich at FC Bayern: The €100 million man

He is responsible for the finances, which developed well under Karl Hopfner and Dreesen, and he will also be the one who will be able to announce record sales of more than 800 million euros at the annual general meeting in autumn. Until then, however, there is still a lot of work to be done, because the transfer summer, everyone agrees, will be expensive.

Diederich may, can and wants to take the necessary money into his hands. It is no coincidence that he did not rule out the magic 100 million euro mark in his inaugural interview, but he also said: "I would always be the admonisher who says: Friends, attention!" He doesn't come from a football background, he has a banker's career with a steep rise behind him – but he knows how to use his experience.

Diederich shows up at FC Bayern in the mixed zone and on the PK

Even during his time at HVB, he was close to the employees – and gave the bank its own identity within the Italian Unicredit Group. As in business, the following applies in sports: Good employees must not only be experts, but above all burn for a company. Diederich therefore asks before every transfer: "Can we afford such a transfer – and do we want to afford it?"

The start was turbulent, but Diederich has gained a comprehensive picture of this club in recent weeks, observed everything, questioned a lot. At away games, he was seen in the mixed zone and at the press conference, close to the team as well as to his board colleagues. At the master photo in Cologne, he also pulled out his mobile phone himself. Beautiful memories, and he is right in the middle of it instead of just being there.

This also applies to everything that is currently running. Herbert Hainer did not even rule out two 100-million-euro transfers in Sportbild. But the president added: "We will not jeopardize the economic stability of FC Bayern." Diederich himself takes care of that. Manuel Bonke and Hanna Raif

Source: merkur

All sports articles on 2023-06-08

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