Bayern Munich president Uli Hoeness has accepted the verdict by a German Court which sentenced him three years and six months in jail for tax evasion yesterday.

The 62 year old former World Cup-winning Germany striker has decided not to appeal the verdict and to resign from all administrative bodies of the German club.

Uli Hoeness released an official media statement via Bayern Munich today to announce his decisions.

Personal statement by Uli Hoeness

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.

I wish to thank from the heart my personal friends and all followers of FC Bayern München for your support.

Uli Hoeness