Bayern Munich head quits after tax evasion scandal

2014-03-14 12:44

Munich – Uli Hoeness said today he had decided to accept the guilty verdict and prison term for tax evasion handed down by a Munich court. He will step down as president of the Bayern Munich football club and chairperson of the business behind it.

“After discussions with my family, I have decided to accept the ruling of the Munich court on my tax affairs. This befits my understanding of decency, dignity and personal responsibility. Tax evasion was the biggest mistake of my life,” he wrote in a statement published on the club’s website.

“Bayern Munich is my life’s work and will also remain so,” he said, adding that he wanted to spare the club any damage.

Hoeness (62) was sentenced to three-and-a-half years in jail yesterday for dodging taxes worth €27 million (R404 million).

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