Skip to main content

Hoeness to return as Bayern president

Uli Hoeness

Uli Hoeness

Uli Hoeness will run in Bayern Munich’s presidency elections in November, the club has announced.

64-year-old Hoeness was previously Bayern president between 2009 and 2014 but left the role in March 2014 when he was convicted of evading millions of euros in tax through an undeclared Swiss bank account.

According to Deutsche well, a press statement released by Bayern Munich on Monday said that Hoeness had decided to run for president of the club when the next election is held during November’s annual general meeting.

It also said that following discussions with Hoeness, the club’s current president, Karl Hopfner, had agreed not to run for another term. This would appear to make Hoeness’ election to the post a mere formality.

The move doesn’t come as a complete surprise as there had been much speculation about a possible comeback after Hoeness was released from prison back in February 2016, after having served 637 days – exactly half of his three-and-a-half-year sentence for tax evasion.

A Munich regional court handed down the sentence in March 2014 after finding Hoeness guilty of withholding 28.5 million euros ($31.5 million) in taxes due to the German state.

The former striker subsequently stepped down as Bayern’s president, a post that he had held for the previous five years.

Hoeness has admitted to hiding much of his wealth for years in secret bank accounts, while also playing the stock and currency markets.

Hoeness, who before becoming president spent decades as Bayern’s general manager, is regarded as the key figure responsible for building up the club into an international brand after his own playing career was cut short through injury at the tender age of 27.

Comments

Popular posts from this blog

Pope not involved in Colombian peace deal- Vatican

Pope Francis Pope Francis has turned down a request to play a role in the peace deal between the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) rebel group. The Vatican in a statement issued on Wednesday in in Vatican City said that an invitation was sent to his Holiness in early August to appoint a representative to participate in the committee that selected the judges for the talks. The statement said that though Pope Francis supported the peace process, he, however, reiterated that he would not get involved in Colombian peace deal. It said that Pope was praying for the enlightenment of the hearts and minds of those who were called to promote the common good of the Colombian nation. A deal was announced last week, putting an end to five decades of internal conflict between government forces and the FARC rebels. The agreement, which needed to be ratified through a referendum in Oct. 2, would entail setting up a special court to grant amnesties or pu...

Houthis Claim Attack on Central Israel in Response to Gaza ‘Massacres’

The ongoing conflict between Israel and Hamas has taken a concerning regional turn as the Houthi rebels in Yemen claimed responsibility for an attack on central Israel. The group announced this as part of their escalating response to what they describe as "massacres" in Gaza amid the Israeli military’s operations in the strip. Details of the Attack The Houthis, a Shiite militant group with ties to Iran, declared that they launched missile and drone strikes targeting Israel. While the exact impact of these attacks remains unclear, reports suggest that Israel’s defense systems intercepted several threats over its airspace. This marks a significant escalation as the Houthis widen their involvement in the conflict beyond their typical operations within Yemen and neighboring Saudi Arabia. The Houthis’ Justification In their statement, the Houthis framed the attack as retaliation for Israel’s military actions in Gaza, which they characterized as indiscriminate bombings resultin...

Fall of Assad is a Blow to Russia's Prestige

The potential fall of Syrian President Bashar al-Assad, a long-standing ally of Russia, would mark a turning point in Moscow’s global influence, particularly in the Middle East. Steve Rosenberg’s analysis underscores the profound implications for Russia, which has invested heavily—both militarily and politically—in ensuring Assad’s survival over the past decade. This article delves into why Assad’s downfall would strike at the core of Russian prestige and what it could mean for the broader geopolitical landscape. Russia's Strategic Commitment to Syria Since the outbreak of the Syrian civil war in 2011, Russia has been a staunch supporter of Assad's regime. In 2015, Moscow launched a military intervention that proved decisive in stabilizing Assad’s hold on power. This intervention solidified Russia's role as a key power broker in the Middle East and demonstrated its willingness to project military power far beyond its borders. Syria is not just an ally for Russia; it is a...