Uli Hoeneß puffs his chest over Kane’s signing: "We pay for the transfer without applying for a loan"

When things are going well, everyone is smiling and happy. They live this situation in Munich and cannot hide the euphoria that Harry Kane’s signing meant for Bayern. The former England striker from Totenham came in a €100m swap and one of his honorary presidents, Uli Honess, keeps raving about the transfer process and the good financial position of the Bayern club. “We paid for Harry Kane’s transfer without applying for a loan. It has always been known that our bank accounts are very full.”he explained in statements to Sport Bild.

But these comments also have a second motivation, the social one. And that’s it In recent years, many Bayern fans have complained that the club does not trust the general meeting when it comes to making decisions.

It must be remembered that in Germany it has been agreed since 2001 that football clubs must be 50% plus one-share owned by their partners. Some teams like Leipzig try to circumvent this rule, but not the Bavarian team who Via FC Bayern München AG, it is split 75% among the shareholders and 25% among a business brand formed by Adidas, Audi and Allianz, which share the shares equally. The president of the association is Herbert Hainer, the honorary presidents are Hoenes himself and Franz Bekembauer.

Back to sports: As mentioned at the beginning, there is reason to smile in the German city for the time being. Despite not having the best possible debut, he was unable to help in Bayern’s stunning 3-0 defeat by RB Leipzig at the Allianz Arena in the German Super Cup final. Harry Kane He has scored three goals and provided one assist in the first three matchdays Bundesliga, lead the team with nine points from three wins at the top of the table, just behind Xabi Alonso’s great Bayer Leverkusen, who will host them after the international break on Friday 15 from 20:30. It will be the perfect starter for Bayern’s first big game of the season, who will also make their Champions League debut at home against Manchester United.

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