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Bundesliga: Oliver Kahn May Become Bayern’s Chairman

Bundesliga: Oliver Kahn May Become Bayern’s Chairman

With Karl-Heinz Rummenigge departing Bayern Munich soon, they have already found his replacement. For this German club of Bundesliga, Oliver Kahn may become Bayern’s chairman.

After 30 years in charge of Bayern Munich, Rummenigge will step down as chairman at the end of this month.

Rummenigge had originally planned to see out his contract, which expires around December 2021, to the very end.

However, the legendary chairman is now instead leaving six months early. This is so as to meet the end of the financial year on 30 June.

“It is the most strategically sensible and logical time,” says Karl-Heinz Rummenigge. “We’re coming to the end of the financial year, and at the same time a new phase is beginning with a new coaching team.”

Bundesliga: Oliver Kahn May Become Bayern’s Chairman

These parting words are put up on Bayern’s official website, who have also already confirmed Rummenigge’s replacement on Tuesday.

Former Germany captain Oliver Kahn will replace him as chairman.

In other words, to lead the team that are leading (for nine years) the Bundesliga table, Oliver Kahn may become Bayern’s chairman.

Rummenigge comments on his replacement: “The new season should be the responsibility of Oliver Kahn as the new CEO right from the start – also for the sake of the people involved and thus in terms of the future of FC Bayern.”

“I already said two years ago that we were planning a prudent transition, and it is finally being implemented now. That’s how it should be,” he added.

Indeed, Kahn’s arrival will not be the only signifier of changing times at the Bundesliga club.

Hans-Dieter Flick is also leaving as the Bayern head coach and a much younger Julian Nagelsmann will be replacing him.

Only 33-year-old, Nagelsmann has seen tremendous success with RB Leipzig, from where he has transferred elsewhere in the Bundesliga league.

(He helped Leipzig climb up to second place on the Bundesliga table in the 2020-21 season.)

“It is a farewell with satisfaction and pride. That was important to me,” Rummenigge also remarked in his farewell note.

Truly – since Rummenigge became chairman, Bayern Munich’s annual turnover has apparently increased from 176 ($215 million) to 679 million euros.

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