Hoeness still Bayern president

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

Switzerland.

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.”