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