İstanbul escort bayan sivas escort samsun escort bayan sakarya escort Muğla escort Mersin escort Escort malatya Escort konya Kocaeli Escort Kayseri Escort izmir escort bayan hatay bayan escort antep Escort bayan eskişehir escort bayan erzurum escort bayan elazığ escort diyarbakır escort escort bayan Çanakkale Bursa Escort bayan Balıkesir escort aydın Escort Antalya Escort ankara bayan escort Adana Escort bayan

Bayern to repay 245,000 euros for breaking minimum wage rules


With an annual turnover in excess of 650 million euros ($700 million), Bayern is the largest sports club in Germany and the third highest-earning football club in the world, after Real Madrid and Barcelona.
| Photo Credit: REUTERS

infoIcon

With an annual turnover in excess of 650 million euros ($700 million), Bayern is the largest sports club in Germany and the third highest-earning football club in the world, after Real Madrid and Barcelona.
| Photo Credit: REUTERS

Bayern Munich has been forced to repay over 200,000 euros ($216,560) for failing to meet minimum wage requirements over a five-year period, Bavarian customs authorities announced on Thursday.

The club must also pay approximately 45,000 euros ($48,700) in unpaid social security contributions.

The investigation found Bayern underpaid employees from 2016 to 2021.

On Thursday, the Munich customs office said Bayern had employed workers, mainly in the club’s youth training centre, on limited-hours contracts, but “the actual level of employment was far higher.”

“The club did not pay the minimum wage at the youth training centre it operates” the office said in a statement.

In a press release on Thursday, Bayern apologised for the incident, saying “it was never FC Bayern Munich’s intention to withhold employees from their legitimate wages.”

Bayern said it has cooperated fully with the investigation and has taken steps to ensure similar incidents cannot happen again.

“The club has cooperated with the process and the procedure is now closed” Munich customs spokesman Thomas Meister told German news service SID, an AFP subsidiary.

With an annual turnover in excess of 650 million euros ($700 million), Bayern is the largest sports club in Germany and the third highest-earning football club in the world, after Real Madrid and Barcelona.

Bayern Munich’s men’s team won their 11th straight Bundesliga title in 2022-23, alongside their female counterparts, who have won two of the past three Frauen Bundesliga titles.



Source link

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
3,912FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles