Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Bayern President Investigated for Tax Evasion
ESPN FC, April 22nd, 2013 1:42PM

MOST READ
TAGS:  germany, soccer business

MOST COMMENTED

German Chancellor Angela Merkel is “disappointed” in Bayern Munich President Uli Hoeness after it was revealed that he is being investigated for tax evasion. According to Focus magazine, Hoeness issued a voluntary disclosure about a Swiss bank account and said that prosecutors had searched his private home in March. News reports claim that Hoeness has not paid tax on amount of around $13 million.

"A lot of people are disappointed by Uli Hoeness," Steffen Seibert, the government spokesperson, said on Monday. "The Chancellor is among those people. And the disappointment is even bigger, given all the positive things he stands for."

The development has dominated German headlines over the last few days, with news program "Tagesthemen" reporting that “the fall could not be more spectacular" for the “larger-than-life” Hoeness.

The Bayern President would face prison if his voluntary disclosure is incomplete or was made at a time when he already knew about the ongoing investigation. Hoeness did not travel to Bayern’s 6-1 win against Hannover 96 over the weekend, but is expected to be present when his team hosts the UEFA Champions League semifinal first-leg against FC Barcelona on Tuesday. In separate media reports, Hoeness said he would not be stepping down from Bayern’s board or as its president and that he would “fight the excesses in the media with the help of my lawyers."

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Spurs Signs Vorm, Davies; Swans Sign Sigurdsson    
Tottenham Hotspur on Wednesday signed Dutch international goalkeeper Michel Vorm and Wales defender Ben Davies from ...
Stoke Signs Krkic From Barcelona    
Stoke City on Tuesday completed the signing of Bojan Krkic from Barcelona. Krkic, 23, became the ...
Report: Lampard Completes NYCFC Move     
Former Chelsea legend Frank Lampard has completed a move to new MLS franchise New York City ...
Barca Signs Mathieu from Valencia     
Barcelona on Wednesday signed central defender Jeremy Mathieu on a four-year contract from Valencia for 20 ...
Johnson Ready for 'Gladbach Challenge     
During his press unveiling on Wednesday, USA defender Fabian Johnson, who moved to Borussia Monchengladbach from ...
Van Gaal Bemoans Man United's Preseason USA Tour    
Louis van Gaal thinks Manchester United's preseason tour in the U.S. could jeopardize the club's success ...
German Politicians Question 2018 Russia World Cup     
Several senior politicians in Germany on Wednesday raised the possibility of stripping Russia of its right ...
Atleti Re-signs Tiago     
Atletico Madrid on Tuesday re-signed Tiago Mendes on a two-year deal, despite interest from Premier League ...
Koeman: Dani Osvaldo for Sale    
Southampton manager Ronald Koeman has confirmed that Daniel Osvaldo is for sale, but reports in Italy ...
BVB: Hummels, Reus Not for Sale    
Borussia Dortmund coach Jurgen Klopp on Tuesday poured cold water over the transfer speculation swirling around ...
>> Section 2 Around the Net Archives