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Bayern Munich blames Covid-19 for 81-per-cent decline in profits

Bayern Munich players lifts the 2019-20 Bundesliga trophy following match at VfL Wolfsburg on June 27, 2020 (Photo by Stuart Franklin/Getty Images)

Bundesliga champion Bayern Munich has announced a €9.8m ($11.97m) profit for the 2019-20 season, a decrease of more than 81 per cent from the season before.