After 30 years in control of Bayern Munich, Karl-Heinz Rummenigge will step down as chairman on the finish of the month and get replaced by former Germany captain Oliver Kahn, the Bundesliga giants mentioned on Tuesday.
Rummenigge had been resulting from see out his contract which expires on the finish of 2021, however is leaving six months early to fulfill the top of the monetary yr on June 30.
“It’s strategically essentially the most smart and logical cut-off date,” mentioned Rummenigge, 65, with Kahn, 51, to be Bayern’s chairman when the brand new season begins in August.
“It’s a farewell with satisfaction and pleasure. That was essential to me,” he added.
Rummenigge’s departure will herald a brand new period at Bayern for the beginning of subsequent season with Julian Nagelsmann, 33, additionally changing Hansi Flick as coach for the marketing campaign.
Rummenigge joined the membership’s administration in 1991 as vice-president after which grew to become chairman in 2002, overseeing an unimaginable interval of success.
With Rummenigge on board, Bayern received the Bundesliga 19 instances and lifted the Champions League trophy in 2001, 2013 and 2020.
A former striker who made 95 appearances for West Germany, Rummenigge performed for Bayern from 1974 to 1984.
He was a part of the group which received the European Cup twice and was voted the Ballon d’Or winner in each 1980 and 1981.
Nonetheless, Kahn has a pedigree to match having received the Bundesliga title eight instances in 14 years at Bayern earlier than retiring in 2008.
He earned the nickname ‘Vol-Kahn-o’ along with his fiery mood and fierce dedication to win.
The previous goalkeeper performed 86 instances for Germany, captaining them to defeat in opposition to Brazil within the 2002 World Cup remaining and made 632 appearances for Bayern.
“As chairman, Karl-Heinz Rummenigge has accomplished nice work for Bayern for over 20 years,” mentioned Kahn, who has been tipped as their subsequent chairman since becoming a member of the membership’s board in January 2020.
“Throughout this time, the membership has received all the things there was to win – you’ll be able to’t charge his companies to Bayern extremely sufficient.
“The time has now come for me to tackle accountability on the prime of Bayern Munich.
“Prior to now 18 months, I’ve obtained to know all aspects of the membership.
“I do know what challenges we face. I’m conscious of the duty and I’m very a lot wanting ahead to it.”