SBD Global/April 22, 2013/People and Pop Culture

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  • Bayern Munich President Hoeneß Admits To Swiss Account, Could Face Tax Fraud Charges

    Bayern Munich President ULI HOENEß "has said that he has filed amended tax returns, admitting to a Swiss bank account," according to the DEUTSCHE WELLE. Hoeneß said that "he had filed an amended tax return in January of this year, and that public prosecutors are now looking at the football luminary's records." Hoeneß: "I handed in an amended return at the finance ministry via my tax consultant in January 2013 to an account of mine in Switzerland." The senior public prosecutor in Munich, KEN HEIDENREICH, said his office had begun investigations as a result of the corrected tax return, conducting an "analysis of the efficacy and the completeness of the amended return." Under German law, filing an amended return "can reduce levels of culpability and back payments in the event of tax avoidance." This partial amnesty "is subject to a string of conditions though." Hoeneß said he had "originally" planned to solve the issue of his Swiss bank account under the terms of a bilateral deal between Germany and Switzerland, "which then failed to come into being in December 2012, as we know." This deal, approved by German Chancellor ANGELA MERKEL's coalition government and ratified in Switzerland, "was rejected by Germany's opposition Social Democrats, Greens and Left Party in the Bundesrat upper house of parliament" -- where the opposition currently holds a controlling influence. The left-leaning German parties "objected to several terms of the deal, including a promise of continued anonymity for people using the bilateral pact to pay German tax on their assets in Switzerland." Merkel "sought to salvage the deal in a special last-gasp administration process, where it was again rejected by the opposition." Club spokesperson MARKUS HÖRWICK said that "the Bavarian side did not want to comment on the story" (DEUTSCHE WELLE, 4/20).

    QUESTIONING CREDIBILITY:  INSIDE WORLD FOOTBALL's Paul Nicholson reported Transparency International Senior Advisor SYLVIA SCHENK said that Hoeneß's credibility and reputation is now put into question. Schenk: "The credibility of Hoeneß is extremely shaken. It will certainly be very hard for him to get out there again. If he attacks [FIFA President SEPP] BLATTER and asks that he cleans up his mess at FIFA, but at the same time he is evading German taxes, it is like throwing rocks in a glass house." Hoeneß "has generally been quick to criticise football's governing bodies and their leaders." He famously cricitized Blatter, saying that "he is not able to run FIFA and that if he (Hoeneß) led Bayern the way Sepp Blatter has organised FIFA, Bayern would not exist any more." And just last week he criticized UEFA for failing to "forcefully" implement its new Financial Fair Play rules (INSIDE WORLD FOOTBALL, 4/21). BILD reported Hoeneß has together with his self-indictment "paid an installment of close to €6M ($7.8M) on his tax liabilty." German tax union Exec Chair Thomas Eigenthaler concluded from it that "Hoeneß has not declared at least €10M ($13M) of income." Sources do not rule out that "the actual amount could be distinctively higher" (BILD, 4/21).

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  • Executive Transactions

    Former Royal Yachting Association CEO ROD CARR, the architect of Britain’s sailing success, who oversaw the rise of BEN AINSLIE to become the most decorated sailor in Olympic history, is set to be named UK Sport chairman. Carr could be named as early as Monday "as the chosen figurehead for the agency" that distributes £100M ($150M) a year to elite sport. He succeeds BARONESS CAMPELL, "who is stepping down after a decade in charge" (LONDON TIMES, 4/22).. ... U.S. Soccer Federation President SUNIL GULATI was narrowly elected to FIFA's exec committee by CONCACAF on Friday. Gulati defeated "his only rival," Mexico's JUSTINO COMPEAN, by a single vote. He will replace American CHUCK BLAZER (INSIDE WORLD FOOTBALL, 4/19). ... Former Williams F1 team Chair ADAM PARR has joined U.K. sports foundation Sported, "dedicated to securing the legacy of London 2012" (THE SUN, 4/20). ... MATT HOLT was appointed CEO of the British Amateur Boxing Association. He is responsible for the overall leadership of the BABA and the management of the World Class Performance Programme for boxing (GB Boxing).

    Do you have an executive announcement? If so, please send to: global@sportsbusinessdaily.com.

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  • Names In The News

    German national team coach JOACHIM LÖW has "emerged as a candidate to be Arsenal's next manager." Löw is "on the list of coaches discussed by Arsenal’s hierarchy as options" should ARSÉNE WENGER decide to leave when his contract expires next year (SUNDAY TIMES, 4/21). ... Real Madrid President FLORENTINO PÉREZ addressed the club's offseason plans and how coach JOSE MOURINHO's decision to stay with the club will affect Real Madrid's strategy regarding its roster. An informal poll of the squad by Pérez recently showed that 15 players said it would be better if Mourinho did not return for another year. Five senior players even expressed interest in being traded if there is not a coaching change (EL PAIS, 4/19). ... Pakistan cricketer DANISH KANERIA "will try to resume his cricket career when he challenges a life ban for spot-fixing in London on Monday" (AFP, 4/21). ... Organizers said that POPE FRANCIS "may meet with footballers during his trip to Brazil for this year's global Catholic youth festival in Rio de Janeiro, which 2 million young people are expected to attend" (AFP, 4/20). ... Chinese tennis player LI NA, the first Asian woman to win a Grand Slam title, "was named on Thursday among Time magazine's most influential people in the world," along with NBA player LEBRON JAMES and Italian football player MARIO BALOTELLI. The 31-year-old Chinese "will also be featured on the cover of its international editions, becoming the second Chinese sports icon to enjoy the honor," after retired basketball player YAO MING (CHINA DAILY, 4/19). ... South African batsman AHMED AMLA "has retired from all forms of cricket" (PAKISTAN TODAY, 4/19). ... Broadcaster RAY HADLEY has launched "a stunning attack" on National Rugby League CEO DAVE SMITH labeling the former banker a "dunce" and suggesting Smith goes "back to banking and do it sometime sooner rather than later." Hadley Sunday night "called through to Radio 2GB's Continuous Call Team on his day off to vent his outrage" in the wake of Sunday's record-low City-Country crowd of 4,635 (Sydney DAILY TELEGRAPH, 4/22).

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  • Twitter Me This...

    Reuters' KAROLOS GROHMANN: "The #Hoeness tax evasion affair will have a major effect on #FCBayern even if #Sammer denies it. Hoenes is the face/soul of Bayern."

    Sky News' PAUL KELSO: "Suarez has been criticised for making a meal of things this season, but never quite like this..."

    CNN's PIERS MORGAN: "Best theory I've heard yet for #CannibalSuarez biting Ivanovic - he just wanted a taste of the Champions League."

    If you see a tweet we will not want to miss, send it to us at global@sportsbusinessdaily.com.

    Print | Tags: People and Pop Culture
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