Football

Future of Bayern's president in balance

While Bayern have triple A rating on the pitch, board are dealing with a president under investigation for tax evasion.

Last Modified: 26 Apr 2013 15:54
Email Article
Print Article
Share article
Send Feedback
Chancellor Angela Merkel has said she is 'disappointed' in Hoeness who admitted to 'grave mistake' [Reuters]

Bayern Munich's executive board are considering asking club president Uli Hoeness to resign temporarily while he is under investigation for tax evasion, according to reports on Friday.

The 61-year-old is reported to have been arrested last month during a search of his home, then released on bail of $6.5 million as part of an investigation into a Swiss bank account he had declared.

Since the scandal broke, there have been calls for him to resign, but Bayern's board have been silent on the issue with only chairman Karl-Heinz Rummenigge saying he 'couldn't imagine' being at the club without Hoeness.

Hoeness has said he will not resign, but several members of the board now want him to step down temporarily while he is being investigated, report both Frankfurt paper FAZ and Hamburg-based Handelsblatt.

Some of German industry's leading figures sit on the Bayern board including the Adidas CEO Herbert Hainer, VW boss Martin Winterkorn, Audi CEO Rupert Stadler and the future Deutsche Telekom boss Timothy Hoettges.

A board meeting is apparently planned for Monday.

Hoeness admitted to magazine Focus last weekend that he had first turned himself in to authorities in January over an unspecified amount of unpaid taxes on cash in a Swiss bank account.

He had originally planned to come forward after an expected German-Swiss tax accord which would have allowed him to settle the matter anonymously with a one-off payment, he told the Focus news weekly.

The scandal has become a political football in election-year Germany and even Chancellor Angela Merkel has said she is 'disappointed' in Hoeness who has admitted to 'a grave mistake' over his Swiss bank account.

Bayern Munich are on the verge of their third Champions League final in four years after their 4-0 semi-final win over Barcelona on Tuesday and have already been confirmed as this season's Bundesliga champions for the 22nd time.

318

Source:
AFP
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
The author argues that in the new economy, it's people, not skills or majors, that have lost value.
Colleagues of detained Al Jazeera journalists press demands for their release, 100 days after their arrest in Egypt.
Mehdi Hasan discusses online freedoms and the potential of the web with Wikipedia founder Jimmy Wales.
A tight race seems likely as 814 million voters elect leaders in world's largest democracy next week.
Featured
A vocal minority in Ukraine's east wants to join Russia, and Kiev has so far been unable to put down the separatists.
Iran's government has shifted its take on 'brain drain' but is the change enough to reverse the flow?
Deadly attacks on anti-mining activists in the Philippines part of a global trend, according to new report.
Activists say 'Honor Diaries' documentary exploits gender-based violence to further an anti-Islamic agenda.
As Syria's civil war escalates along the Turkish border, many in Turkey are questioning the country's involvement.
join our mailing list