Hoeness was convicted on Thursday of evading millions of euros (dollars) in tax through an undeclared bank account.
Munich: Uli Hoeness says he has decided not to appeal against his conviction for tax evasion and is stepping down immediately as president of European champion Bayern Munich.
Hoeness, one of the most prominent figures in German football, was convicted on Thursday of evading millions of euros (dollars) in tax through an undeclared bank account and sentenced to 3 ½ years in prison.
Hoeness said in a brief statement posted on Bayern's website on Friday that he decided after talking with his family to accept the verdict and he instructed his lawyers not to appeal.
He says he's stepping down immediately as club president and as the chairman of its supervisory board.
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