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Bayern's Hoeness Handed Three-and-a-Half Year Prison Sentence
ESPN FC, March 13th, 2014 2:49PM
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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.

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