Bayern Munich Boss Sentenced to 3.5 Years in Jail on Tax EvasionCrime | March 13, 2014, Thursday // 16:22| views
Uli Hoeness. Photo by EPA/BGNES
Uli Hoeness, President of German and European football champions Bayern Munich, has been sentenced to 3.5 years in jail for tax evasion.
Hoeness was initially charged with concealing EUR 3.5 M worth of taxes, but later admitted to a much larger sum of EUR 15 M. The final equation amounted to EUR 27.2 M that he owes, according to the BBC.
The court in Munich found the 62-year-old guilty of seven serious counts of tax evasion. Initially, the prosecution had called for a 5.5 year jail sentence.
Hoeness and his defence have a week to appeal the verdict.
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