News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 11 years ago
Home  » Sports » Bayern Munich boss Hoeness to be tried for tax evasion

Bayern Munich boss Hoeness to be tried for tax evasion

November 04, 2013 18:10 IST
Get Rediff News in your Inbox:

Bayern Munich President Uli Hoeness will stand trial for tax evasion in March, a German court said on Monday, but his club wants him to stay on in his current role.

Bayern Munich boss Uli Hoeness The charges of the prosecutor's office were admitted for trial which is set to start on March 10.

Hoeness, the face of Bayern Munich for many years, stunned Germany in April by saying he had voluntarily alerted tax authorities in January to a Swiss bank account he held, throwing the former West Germany international's future into doubt.

He said it was a personal account, created for his stock market trading. He admitted to gambling bigger and bigger amounts and taking a major hit as the dotcom bubble burst.

Bayern said in a statement the board's position was that Hoeness should remain as chairman despite the trial hanging over his head.

"The board is of the unanimous opinion that Uli Hoeness shall remain in his position even with a trial being set," the treble winners said.

A World Cup and European championship winner with Germany, Hoeness, who also won three European Cups as a player at Bayern, spent 30 years since as the team's general manager before being elected president of the Bundesliga's richest and most successful club.

Photograph: Martin Rose/Getty Images

Get Rediff News in your Inbox:
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Paris Olympics 2024

India's Tour Of Australia 2024-25