Tuesday, Sep 16, 2014Tuesday, Sep 16, 2014
News
 

Football: Jail-bound Hoeness resigns from Bayern Munich

Published on Mar 14, 2014 5:58 PM
 
German football legend Uli Hoeness said on Friday, March 14, 2014, he will not appeal against a tax fraud jail term and resigned from his post as president and board chairman of powerhouse club Bayern Munich. -- FILE PHOTO: AFP

BERLIN (AFP) - German football legend Uli Hoeness said on Friday he will not appeal against a tax fraud jail term and resigned from his post as president and board chairman of powerhouse club Bayern Munich.

"Tax evasion was the mistake of my life," the fallen football idol said in a personal statement. "I will face the consequences of this error."

A Munich court had Thursday sentenced Hoeness, 62, to three and a half years in jail for major tax fraud in a trial that captivated football-obsessed Germany.

He was released on a suspended arrest warrant pending a possible appeal.

 
If you are not a subscriber, you can get instant, unlimited access here