Football

Bayern Munich chief charged with tax evasion

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Uli Hoeness, the president of football giants Bayern Munich, has been charged by German prosecutors for tax evasion, according to BBC News.

Hoeness, who represented West Germany as a player, reported himself to the authorities earlier this year due to an undeclared bank account in Switzerland.

The details concerning the amount of money involved have not been disclosed by neither Hoeness nor the officials involved, but it is rumoured that millions of pounds were deposited into the Zurich-account over a ten-year period. 

The 61-year-old is said to have not paid his capital gains tax, and his legal team now have one month to respond to the charges against him, before it will be decided whether the case goes to trial or not. 

Ken Heidenreich, a spokesman for the Munich prosecutors said: "We have filed the charges to the Munich state court.

"The defence now has one month to pronounce itself." 

Heidenreich did however refuse to divulge any information about the case due to tax secrecy laws. 

It is thought that he will keep his job at the helm of Bayern for the time being, as the Bavarians look to continue on last season's unprecedented success.

 

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Bayern Munich

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This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

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