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Uli Hoeness prepares to step down as Bayern Munich President

Uli Hoeness have announced his readiness to step down as president of Bundesliga club side "Bayern Munich" and has confirmed that he will not stand for re-election in November.
According to Germany's media tabloid "daily Bild" and other media outlets, the 67-year-old will also step aside as head of the club's supervisory board following its annual general meeting this autumn.
Uli Hoeness is schedule to walk away after 40 years in charge of Bayern Munich. Media Speculations reveals that the former Adidas boss Herbert Hainer, who was his deputy on the club's board, as been tipped as successor.
Uli Hoeness joined Bayern Munich as a player in 1970, retiring nine years later to become the club's general manager and has overseen its fortunes ever since -- apart from two years in jail for tax evasion, from June 2014 to February 2016.
The Bundesliga champions, who have just finished a tour of the USA, declined to comment when asked for confirmation by AFP subsidiary SID.
"I once said, 'It's not over yet!', but the day is not far off when I say 'That was it,'" Hoeness recently told club magazine '51'.
Bayern munich football stars were stunned by the reports.
"First of all, I was shocked, I wasn't prepared for that," admitted left-back David Alaba following Tuesday's 1-0 win over AC Milan in Kansas City.
"I think it's unimaginable for FC Bayern to be without him.
"Regardless of whether he has a post at the club, he will always have an influence."
Defender Joshua Kimmich was equally shocked.
"I haven't heard the bomb drop yet, when is he going to quit?"
After a knee injury forced the West Germany international into  early retirement, Uli Hoeness became general manager in 1979 and 30 years later was promoted to club president in 2009.
Since he first took charge in 1979, Bayern have enjoyed phenomenal success -- claiming the Bundesliga trophy 24 times, the German Cup on 14 occasions and the Champions League in 2001 and 2013.

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