Hoffenheim fires CEO Rettig in restructuring dispute
SINSHEIM, Germany (AP) Struggling Bundesliga side Hoffenheim has fired chief executive Peter Rettig and appointed Peter Goerlich in his place.
The club says the 52-year-old CEO, who took up his position in 2013, was not prepared to support a planned board restructuring that reduced his responsibilities and axed the position of chairman.
Hoffenheim, backed by local billionaire Dietmar Hopp, is second from bottom in the Bundesliga with just one win from its opening 10 games.
Hopp, co-founder of software giant SAP, has financed the club for about 25 years, spending an estimated 350 million euros ($395 million) to help it progress from minor leagues to the Bundesliga.
The 75-year-old Hopp took a majority stake in Hoffenheim in February.