Allianz SE, Europe’s biggest insurer, is buying 8.33 percent of FC Bayern Muenchen AG to deepen relations with Germany’s most successful soccer club.
Chelsea’s billionaire owner Roman Abramovich learned last night that success on the soccer field can come when you least expect it.
For clues to how the German economy stands out from the European debt crisis, look no further than Champions League finalist Bayern Munich.
In what may have been his last game for Chelsea, Didier Drogba struck a blow for the oldies.
Inter Milan scored with two minutes to play to keep alive the defense of its Champions League soccer title, while Manchester United withstood a late rally by Marseille to advance to the quarterfinals.
Four-time champion Bayern Munich ousted Arsenal on away goals and tournament newcomer Malaga eliminated Porto to complete the quarterfinal lineup in soccer’s Champions League.
Mario Gomez scored in the 90th minute to give Bayern Munich the advantage over Real Madrid as the German club chases a place in the Champions League soccer final in its home stadium.
Chelsea captured its first Champions League title, beating Bayern Munich at the German club’s home field 4-3 in a penalty shootout.
Cristiano Ronaldo and Lionel Messi, who amassed a combined 112 goals this season, messed up just when the pressure was on in their Champions League semifinals.