Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySoccer World DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America ClassifiedsGame Report
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's Hoeness Handed Three-and-a-Half Year Prison Sentence
ESPN FC, March 13th, 2014 2:49PM

TAGS:  germany, soccer business


Bayern Munich President Uli Hoeness was found guilty on Thursday of tax evasion and sentenced to three and a half years in prison for evading millions of euros in tax through an undeclared Swiss bank account. Hoeness’ lawyers have already responded by saying they plan to appeal to Germany’s Federal Court of Justice. They have seven days to do so.

Hoeness was originally charged with not paying 3.5 million euros ($4.85 million) in taxes on money held in a Swiss bank account, but when his trial opened on Monday he admitted to avoiding paying tax on an additional 15 million euros ($20.9 million).

As a player, Hoeness was part of the West Germany team that won the 1972 European Championship and the World Cup two years later, and was also a member of the Bayern squad that won three consecutive European Cups between 1974 and 1976. He is also credited for turning Bayern into one of the world's most successful clubs on the field and financial since becoming its general manager after his playing career ended in 1979.

Read the original story...

No comments yet.

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



Recent Section 2 Around the Net
Youth soccer fights back against 49ers    
Northern California youth soccer advocates, including Santa Clara Youth Soccer League President Tino Silva, have launched ...
Cal South TOPSoccer Program Turns 25    
"We're all soccer players, special needs or not," says Sandy Castillo, chair of the Cal South ...
How Neymar Played in Childhood     
Neyrmar: "I used to pick up the ball, set up the furniture and go around dribbling ...
Roma Partnering with U.S. Youth Clubs    
Italian Serie A club Roma, which has American ownership, aims to forge partnerships with seven U.S. ...
LVG: Falcao "Has to Prove Himself"    
Manchester United coach Louis van Gaal has responded to criticism over dropping Radamel Falcao by claiming ...
Report: Adidas to Assist Messi Move?    
According to Spanish sports daily AS, Lionel Messi's sponsor Adidas could be the key to the ...
Toure Admits Man City Future in Doubt     
Speaking ahead of the opening games of the African Nations' Cup in Equatorial Guinea this weekend, ...
Ronaldo Blasts 'Defensive' Atleti Tactics    
Cristiano Ronaldo blasted Atletico Madrid for its unattractive style after the Rojiblancos ousted Real Madrid from ...
Fabian Johnson's 'Spat' with 'Gladbach Coach Favre    
According to Bild, USA defender Fabian Johnson is in a "spat" with Borussia Monchengladbach coach Lucien ...
Serie A to Introduce Goal-Line Technology     
Serie A will introduce goal-line technology next season after the Italian soccer federation (FIGC) gave its ...
>> Section 2 Around the Net Archives