BERLIN: Former Bayern Munich CEO and current board member Uli Hoeness warned of the growing influence of foreign money in football, while taking a swipe at Champions League last 16 opponents Paris Saint-Germain.
Speaking at an event in Hanover, Hoeness said traditional clubs such as Bayern could fall behind football’s elite and urged German club ownership rules be relaxed to allow teams to attract outside investors.
PSG are owned by Qatar Sports Investments (QSI), a subsidiary of the state’s sovereign wealth fund.
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