Uli Hoeness has confirmed he is stepping down as president of Bundesliga giants Bayern Munich and will not stand for re-election in November.
The 67-year-old told German daily Bild at a golf tournament on Sunday that he will remain on the board at Bayern, “but will relinquish my presidency when the time comes”.
That means Bayern members will vote for a new head of the defending Bundesliga champions at the annual general meeting in November with Hoeness to step down as head of the club’s board.
After 40 hugely successful years in charge, Hoeness will hand over the reins and former Adidas boss Herbert Hainer, currently his deputy on the club’s board, is widely tipped as his successor. Read more