“Money Doesn’t Score Goals”: Bayern’s Hoeness Hits Out At PSG
Former Bayern Munich CEO and current board member Uli Hohnes warned of the growing influence of foreign money in football, taking a dig at Champions League last 16 opponents Paris Saint-Germain. Speaking at an event in Hannover, Hoeness said traditional clubs such as Bayern could fall behind football’s elite and German club ownership rules could be relaxed to allow teams to attract outside investors . PSG is owned by Qatar Sports Investments (QSI), a subsidiary of the state’s sovereign wealth fund.
“You need to worry that in the future some clubs will buy exclusively from the Middle East,” said the former Bayern striker.
“Qatar wants to buy Manchester United and Saudi Arabia wants to buy Liverpool.
“Then there will be no limit (on spending).
“Then it will be fun for us,” he added sarcastically.
Hoeness, known in the German media for his colorful statements, often directed at domestic or international opponents, then took aim at PSG.
Bayern beat Qatar-backed PSG 1-0 in the first leg of the Champions League in Paris on Tuesday and Hoeness said the game showed “money doesn’t always make the goal go.”
“I love winning against him,” said the 71-year-old Honess.
Hohnes again called on German football to end the ’50+1′ rule, which requires members to own a majority of clubs, thereby restricting outside investment.
Speaking on behalf of Bayern, Hohnes said, “We would be completely in favor of abolishing 50+1 because we are completely lagging behind at the international level.”
Bayern dominate the Bundesliga financially and that has translated into titles.
This season, they sit one point clear at the top of the table as they look for their 11th consecutive title.
They have six Champions League titles, including two in the last 10 years.
(This story has not been edited by NDTV staff and was auto-generated from a syndicated feed.)
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