BR100 Increased By (0.61%)
BR30 Increased By (0.96%)
KSE100 Increased By (0.79%)
KSE30 Increased By (0.52%)
AGHA 7.46 Increased By ▲ 0.02 (0.27%)
BECO 5.41 Increased By ▲ 0.33 (6.5%)
BML 57.75 Increased By ▲ 0.17 (0.3%)
BOP 33.60 Increased By ▲ 0.21 (0.63%)
CNERGY 10.76 Increased By ▲ 0.15 (1.41%)
CSIL 6.12 Increased By ▲ 0.70 (12.92%)
FCCL 54.98 Increased By ▲ 0.92 (1.7%)
FFL 16.11 Increased By ▲ 0.04 (0.25%)
FNEL 1.25 Increased By ▲ 0.05 (4.17%)
KEL 7.24 Increased By ▲ 0.05 (0.7%)
KOSM 6.00 Increased By ▲ 0.04 (0.67%)
LOTCHEM 27.21 Increased By ▲ 0.08 (0.29%)
MLCF 96.60 Increased By ▲ 1.01 (1.06%)
NBP 202.20 Increased By ▲ 1.94 (0.97%)
NCPL 56.02 Increased By ▲ 0.34 (0.61%)
NPL 66.48 Increased By ▲ 0.63 (0.96%)
OGDC 315.80 Increased By ▲ 1.80 (0.57%)
PACE 10.57 Increased By ▲ 0.07 (0.67%)
PAEL 42.60 Increased By ▲ 0.48 (1.14%)
PIBTL 17.17 Increased By ▲ 0.16 (0.94%)
PPL 216.85 Increased By ▲ 1.70 (0.79%)
PRL 59.49 Increased By ▲ 2.86 (5.05%)
PTC 72.48 Increased By ▲ 1.10 (1.54%)
SSGC 25.44 Increased By ▲ 0.26 (1.03%)
TBL 9.70 Increased By ▲ 0.03 (0.31%)
TELE 8.43 Increased By ▲ 0.12 (1.44%)
TPL 19.60 Increased By ▲ 0.42 (2.19%)
TPLP 12.80 Increased By ▲ 0.07 (0.55%)
TREET 23.40 Increased By ▲ 0.07 (0.3%)
TRG 61.60 Decreased By ▼ -0.20 (-0.32%)
Sports

Hoeness to step down as Bayern president: reports

Published Updated

BERLIN: Uli Hoeness is set to step down as president of Bundesliga giants Bayern Munich with reports Wednesday saying he will not stand for re-election in November.

According to Germany's top-selling daily Bild and other media outlets, the 67-year-old will also quit as head of the club's supervisory board following its annual general meeting this autumn.

He is set to walk away after 40 years in charge of Bayern and reportedly has former Adidas boss Herbert Hainer, his deputy on the club's board, in mind as successor.

Hoeness joined Bayern as a player in 1970, retiring nine years later to become the club's general manager and has overseen its fortunes ever since -- apart from two years in jail for tax evasion, from June 2014 to February 2016.

The Bundesliga champions, who have just finished a tour of the USA, declined to comment when asked for confirmation by AFP subsidiary SID.

"I once said, 'It's not over yet!', but the day is not far off when I say 'That was it,'" Hoeness recently told club magazine '51'.

Bayern stars were stunned by the reports.

"First of all, I was shocked, I wasn't prepared for that," admitted left-back David Alaba following Tuesday's 1-0 win over AC Milan in Kansas City.

"I think it's unimaginable for FC Bayern to be without him.

"Regardless of whether he has a post at the club, he will always have an influence."

Defender Joshua Kimmich was equally shocked.

"I haven't heard the bomb drop yet, when is he going to quit?"

After a knee injury forced the West Germany international into retirement, Hoeness became general manager in 1979 and 30 years later was promoted to club president in 2009.

Since he first took charge in 1979, Bayern have enjoyed phenomenal success -- claiming the Bundesliga trophy 24 times, the German Cup on 14 occasions and the Champions League in 2001 and 2013.

Copyright AFP (Agence France-Press), 2019
 

Comments

Comments are closed for this article.