Audi to buy 9-percent stake in Bayern Munich

MUNICH (AP) - German automaker Audi is acquiring just over nine percent of Bundesliga soccer club Bayern Munich.

Audi AG, which has been sponsoring Bayern since 2002, will acquire a 9.09-percent stake in Bayern Munich AG between March 2010 and July 2011 for $135.64 million, according to a joint statement Thursday.

Bayern Munich AG is the sole owner of the Allianz Arena and the deal will help the club pay off the stadium.

Adidas, the sports apparel company, owns 10 percent of Bayern.

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