Bayern Munich boss Uli Hoeness admits tax fraud
Uli Hoeness could face a jail term if convicted Continue reading the main story 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. He told the court he deeply regretted "my wrongdoing". Continue reading the main story "I will do everything necessary to ensure that this depressing chapter for me is closed," he said. The former Germany forward, who helped the national team win the 1972 European Championship and then the World Cup two years later, came clean about his secret bank account last year, filing an amended tax return in the hope of an amnesty in return for paying the tax he owed. But prosecutors say he d...