Bayern Munich President Uli Hoeneß Calls €100M Signings 'Unacceptable'
Bayern Munich president Uli Hoeneß said that "a €100 million player is unacceptable" for his club as it prepares to face "big-spending" Paris St. Germain in the Champions League on Wednesday, according to Mark Lovell of ESPN.com. Hoeneß's comments "follow recent criticism" of the club's transfer policy from Robert Lewandowski, who said that Bayern needed to "spend big in order to compete with the top clubs." Hoeneß said, "The market is way too hot at the moment. Clubs are now goading each other. I've clearly said that a €100 million ($118.5M) player is unacceptable for Bayern." Hoeneß "backed his club's way of doing business and issued a warning to rival clubs." He said, "The time will come when all those clubs that have spent large amounts of money will have to cut their spending because they didn't have the success the investor had in mind. Because of our decision not to sign any very expensive players, we have been accused of taking the wrong path in the market which could lead to the downfall of the club -- but instead people should be singing our praises because we have been successful down to our own work and resources" (ESPN.com, 9/25