BERLIN, Feb 17 — 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.
“You need to worry that a few clubs will be bought up in the future, from the Middle East in particular,” the former Bayern striker said.
“There is talk Qatar wants to buy Manchester United and Saudi Arabia wants to buy Liverpool.
“Then there will be no limit (on spending).
“Then it will be fun for us,” he added sarcastically.
Hoeness, known for his colourful statements in the German media which are often directed at domestic or international opponents, then hit out at PSG.