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Soccer boss jailed for tax evasion

Thursday, March 13, 2014 - 01:22

Mar.13 - A German court sentences president of European champions Bayern Munich, Uli Hoeness, to three and a half years in jail for tax evasion. Ciara Sutton reports.

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He's confessed to millions of euros of tax evasion, and now president of Bayern Munich football club, Uli Hoeness, has met his fate. (SOUNDBITE) (German) COURT SPOKESWOMAN AND JUDGE, ANDREA TITZ, SAYING: "Munich Court has sentenced the defendant on seven counts of tax evasion to three years and six months in jail." Hoeness admitted he evaded over 27 million euros in taxes on income earned in secret Swiss bank accounts. The 62-year-old manager was hoping for leniency in one of the most closely watched tax evasion cases in German history. But prosecutors say his voluntary disclosures - weren't enough to keep him out of jail. His lawyers plan to appeal the sentence. As a player Hoeness helped West Germany win the 1974 World Cup. And his case has had a huge impact. It's prompted thousands of tax dodgers to turn themselves in. It's also left Bayern fans fearing for the future (SOUNDBITE) (German) BAYERN FAN, PAUL BLUEM, SAYING: "As a Bayern fan of course I see the position of Uli Hoeness with the FC Bayern team as indispensable." The case comes just a week after Hong Kong businessman Carson Yeung was sentenced to six years in jail. The self-made millionaire and owner of British football club Birmingham City was found guilty of laundering 93 million dollars.

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Soccer boss jailed for tax evasion

Thursday, March 13, 2014 - 01:22