Uli Hoeness will not appeal his three-and-a-half-year prison sentence for tax evasion, ESPN FC reported on Friday. He will also step down from his position as Bayern Munich president.
An official statement on Bayern’s website read below:
After discussing the matter with my family I have decided to accept the judgment passed by Munich District Court (Landgericht) II regarding my tax affairs. I have instructed my legal representatives not to appeal the verdict. This corresponds to my understanding of integrity, decorum and personal responsibility. Evading tax was the biggest mistake of my life. I accept the consequences of this mistake.
Furthermore I hereby resign the offices of president of FC Bayern München e.V. and chairman of the FC Bayern München AG supervisory board with immediate effect. By doing so I wish to avert further damage to my club. FC Bayern München is my life’s work and will always remain so. I will continue to be associated with this magnificent club and its people in other ways for as long as I live.