Jail-bound Bayern Munich president steps down, speaks on 'the biggest mistake' of his life that's sending him to prison

Posted by News Express | 14 March 2014 | 2,846 times

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Uli Hoeness is to resign as Bayern Munich president and chairman in the wake of his conviction for tax evasion, the BBC just reported.

Hoeness, 62-year-old, who played for Bayern from 1970-1979 before retiring through injury aged 27, has indicated that he will not appeal against his three-and-a-half year sentence.

“Tax evasion was the biggest mistake of my life,” he said in a statement. “Bayern Munich is my life’s work and will also remain so.”

Hoeness was yesterday found guilty of evading taxes worth 27m euros (£22.5m).

•Photo shows jailed Bayern Munich Pres Uli Hoeness.

Source: News Express

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