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Bayern Munich president Herbert Hainer to run for re-election

Bayern Munich president Herbert Hainer to run for re-election

Yahoo5 days ago
According to Abendzeitung's Maximilian Koch, Bayern Munich president Herbert Hainer will run for re-election in November and is expected to remain in charge of the reigning Bundesliga champions. Hainer succeeded Uli Hoeneβ after the latter retired from presidential duties in November 2019 and was re-elected in October 2022, receiving 78% of the votes.
Bayern are predominantly owned by their members, who hold 75% of shares; the remaining 25% is evenly split with Allianz, Audi and Adidas holding an 8.3% stake.
As CEO of Adidas, Hainer oversaw the company's 2002 acquisition of a 10% stake in Bayern, making the sportswear giant the club's first official shareholder. This investment laid the financial foundation for the construction of the Allianz Arena.
A Bayern fan from a young age, Hainer has overseen five Meisterschale triumphs as well as a solitary DFB Pokal win and the behind-closed-doors 2020 Champions League victory.
GGFN | Harry Good
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