UK & World News

  • 13 March 2014, 16:30

Bayern Munich Boss Jailed For Tax Evasion

Bayern Munich President Uli Hoeness has been jailed for three-and-a-half years after being found guilty of tax evasion.

Hoeness admitted evading ?27.2m (£22.6m) in taxes on income earned in secret Swiss bank accounts.

The 62-year-old was hoping for leniency in one of the most closely-watched tax dodging cases in German history.

Prosecutors said Hoeness' voluntary disclosure that he had failed to pay taxes did not meet the requirement needed for amnesty under German tax laws designed to encourage tax cheats to come forward.

The trial at the Higher Regional Court in Munich hinged on whether Hoeness fully co-operated with his voluntary disclosure.

His arrest shocked Germany and prompted thousands of tax dodgers to turn themselves in.

Hoeness, who helped West Germany win the 1974 World Cup, helped turn Bayern Munich into one of the world's most successful football teams.