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Hoeness Hints at Bayern Exit
ESPN FC, May 3rd, 2013 1:28PM

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TAGS:  germany, soccer business


Bayern Munich President Uli Hoeness, who remains at the center of a media storm in Germany over his tax problems, says in an interview with Die Zeit that he was close to having a gambling addiction with the stock market, and hints that he may leave his post at Bayern.

In the interview, the 61-year-old confirms that the investigation centered on a Swiss bank account that he used to gamble on the stock market, but for which he did not pay capital gains tax. "I filed a voluntary disclosure about the account to my accountant at the tax office in January 2013,” Hoeness said, admitting that he had made a "huge mistake."

"These days, I feel like I am catapulted onto the fringes of society, I am no longer part of it," he added. "Needless to say, I blame myself massively. I made a huge mistake, but I am not a bad person … If I get the impression my presence damages [Bayern], I will take the consequences. But in no circumstances will I step down before the Champions League final."

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