Bayern Munich have turned down their president Uli Hoeness’
offer to resign due to an ongoing investigation into his admission
of tax evasion.
The Bayern board held an emergency meeting at the Allianz Arena
to discuss the issue and Hoeness tendered his resignation.
“After intense discussion, the advisory board of FC Bayern
Munich AG decided unanimously that Uli Hoeness should continue in
his position of president,” said the club in a statement.
Hoeness recently made a self-denunciation to the German tax
authorities that he had not declared taxes on an account he held in
He is currently being investigated on suspicion of tax evasion
and had offered to resign from his position while the investigation
took its course.
“Uli Hoeness expressed his regret at the incident and
apologised,” continued the club statement, stating that the
decision to turn down his offer to resign was made “in the
interests of FC Bayern, who need to concentrate fully on reaching
further sporting goals with the Champions League final on 25 May
and the German Cup final on 1 June.”