03282017Headline:

Bayern Munich president steps down in wake of prison sentence for tax-evasion

Bayern Munich president steps down in wake of jail sentence for tax evasion

Uli Hoeness on Friday resigned as Leader and chairman of Bayern Munich.

Bayern Munich president steps down in wake of jail sentence for tax evasion

Bayern Munich president steps down in wake of jail sentence for tax evasion

The 62-year-old’s decision to step-down comes each day after being sentenced to three-and-a-half years in prison for evading taxes worth 27 million pounds.

A day following the court’s judgment Hoeness said he’d not appeal your decision.

Your decision to simply accept the consequence has received praise and respect from fans and Chancellor Angela Merkel who said: “Of course I’ll not discuss court decisions but I can say that the very fact that Uli Hoeness has approved the judgment the way in which he did merits lots of respect.”

In another of the absolute most scrutinised instances of its-kind ever in Germany the Hoeness was found guilty of “seven severe matters of tax evasion”.

The club have appointed Adidas leader and the club’s former deputy chairman Herbert Hainer as Hoeness’ heir.

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