Bayern Munich boss Uli Hoeness admits tax fraud

Skoorb

Skoorb

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After the bitching and moaning by the established European football elite including and especially from Karl-Heinze Rumminegge, Chief Executive of Bayern Munich, about City and how the club is financed we find the following two cases involved two of those European giants: -

Bayern Munich boss Uli Hoeness admits tax fraud

Uli Hoeness, president of European football champions Bayern Munich, has admitted in court to defrauding Germany's tax authorities of 18m euros (£15m; $25m).

Prosecutors had earlier accused him of evading a far smaller sum of 3.5m euros in taxes and are seeking a jail term.

The former World Cup-winning German international footballer, 62, kept the funds in a secret Swiss bank account.

Full story:-

http://www.bbc.co.uk/news/world-europe-26512965

:no: Perhaps Karl ought to have looked a bit closer to home if he wanted to find evidence of dodgy financial dealing rather than focusing on how other clubs are run.

And in other news, Barcelona's dealings over the Neymar transfer continue to be investigated: -

Neymar case embarrassed Barcelona, says club president

Barcelona's president has admitted the saga surrounding the transfer of Brazilian superstar Neymar has been "embarrassing".

But Josep Maria Bartomeu told the BBC that the Spanish champions had done nothing wrong.

Spain's authorities accuse Barcelona of tax fraud over the transfer.
"It's embarrassing because we think we are right," Bartomeu said. "We think we did things properly, that everything was done in the correct and best way."

The club were formally accused of tax fraud in February, when a judge in Spain ruled there was enough evidence to continue investigations into the transfer.

It is alleged that Barcelona tried to evade £7.58m in taxes after signing the Brazilian forward from Santos in June last year.

Full story:-

http://www.bbc.co.uk/sport/0/football/26520978

Wouldn't it be better if the footballing authorities concerned themselves more with these matters?
 
Uli has had a thing or two to say about how we conduct our business the last few years, hasn't he? The twat!
 
The relevance to City is:-

1. The senior management of Bayern have made no secret of their dislike of City our arrival at the to table of European football whilst themselves have been found wanting in the honesty stakes. Hardly able to claim the moral high ground when it comes to taking about Financial Fair Play.

2. Barcelona, our next opponents in the lucrative Champions League, are having their financing of a key player's signing being investigated showing that once again FFP may be misdirected.

Overall my point in posting was to highlight that UEFA may have taken their eye off the ball in their determination to enforce regulations regarding club funding and financial management. Neither of these clubs will fall foul of FFP but their operating practices and the honesty of their officials should surely be of significant concern to Twatini and Co. However I will not be holding my breath for any comment from European football's senior administrator.
 
If Neymar scores the winner against us, can we have them disqualified and go through to the next round by default ?
 
Uli Hoeness, German Financial Engineering at its best, so that is why they can sign players on contract before the end of a season and stop thrm playing in a Champions Legue final.......

and He is not bent?

Pull the other one.... it stinks to high heaven..... but Prikini wont do anything about it.....
 
Is Hoeness's not a private matter - sure he made the money through Bayern but once he's been paid it is up to him what he does with his money?

It doesn't look good from a moral point of view mind, but why would Platini be concerned about a private tax affair?

 
Hoeness.

Wants City banned from Europe for financial irregularities.

Is a massive tax fraudster.


Pointing out the mote in our eye by pointing the log in his own at it I reckon
 
kennyclementstache - 10/3/2014 17:56

Is Hoeness's not a private matter - sure he made the money through Bayern but once he's been paid it is up to him what he does with his money?

It doesn't look good from a moral point of view mind, but why would Platini be concerned about a private tax affair?
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Because it should force UEFA to take a harder look at the Bayern books. If the chairman is dodging taxes then what is he doing for the club?
 
nedkelly - 11/3/2014 05:30

Massive hypocrite more like
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Absolutely - but that is yet to become a criminal offence. Would this apply more if he was the actual owner and could be found guilty of not being fit to run a club?

Won't look good if he goes to jail - is he such a National Treasure that he might get a slapped wrist?

 
PhillyBlueMoon - 11/3/2014 12:26

kennyclementstache - 10/3/2014 17:56

Is Hoeness's not a private matter - sure he made the money through Bayern but once he's been paid it is up to him what he does with his money?

It doesn't look good from a moral point of view mind, but why would Platini be concerned about a private tax affair?
Click to expand...

Because it should force UEFA to take a harder look at the Bayern books. If the chairman is dodging taxes then what is he doing for the club?
Click to expand...

unless he's their accountant, probably nothing :grin:
 
His royal Hoeness got three and a half years. Hopefully someone makes him their bitch

http://www.theguardian.com/football/2014/mar/13/uli-hoeness-sentenced-three-and-a-half-years-prison-tax-evasion-germany
 
Bluedub - 13/3/2014 01:50

His royal Hoeness got three and a half years. Hopefully someone makes him their bitch

http://www.theguardian.com/football/2014/mar/13/uli-hoeness-sentenced-three-and-a-half-years-prison-tax-evasion-germany
Click to expand...

I hope he likes German sausage. :rolly:
 
So will Bayern go into financial meltdown like Glasgow Rangers did in Scotland? Bet they wont and Uefa will suddebly become the 3 monkeys, Deaf, Dumb And Blind to all affairs in Munich......
 
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