The "Bayern" team in Munich will have a new president. After several weeks of rumors, it was confirmed that Uli Hoeness will no longer lead the Bundesliga club. However, the 67-year-old German is not stepping away from football and will remain in the board of "Bayern" team. Elections in the Munich team will take place on November 15, and former one of the "Adidas" company executives Herbert Hainer is named as the most likely candidate to occupy an important position. With U. Hoeness serving as president since 2009, the club triumphed eight times in the Bundesliga championships and once in the UEFA Champions League.
Uli Hoeness steps down from the position of president of "Bayern"
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