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Bayern Munich confirm new chairman ahead of Rummenigge exit

Karl-Heinz Rummenigge, Bayern Munich
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Karl-Heinz Rummenigge has stepped down from his role as Bayern Munich chairman, with Oliver Kahn set to take his place.

Bayern Munich have announced Oliver Kahn as the club’s new chairman as Karl-Heinz Rummenigge will vacate the role on June 30.

Rummenigge chose to end his spell as Bayern chairman six months earlier than planned to avoid a change in leadership mid-way into the 2021/22 season. He has been part of the club’s board for almost 30 years.

The 65-year-old is the last member of the famed trio, along with Franz Beckenbauer and former president Uli Hoeness, who helped transform Bayern into a European powerhouse.

“Strategically it is the most logical time to do it,” Rummenigge said in a statement. “It is the end of the fiscal year and the start of a new coaching team.

“It is a departure filled with satisfaction and pride that I hand over the club that is intact on a sporting level as well as financially and structurally.”

Replacing Rummenigge will be no easy feat given the German’s legacy, having recently overseen nine consecutive Bundesliga titles, but president Herbert Hainer believes Kahn is up to the challenge.

“After his extremely successful professional playing career and his time as an entrepreneur, he has now been intensively involved in the board of FC Bayern München AG for one and a half years,” Hainer said on Bayern’s legendary goalkeeper-turned-chairman.

“He has already been involved in key decisions for the future of FC Bayern and has set the course for the coming years with the FC Bayern AHEAD strategy project.

“We are all convinced that Oliver Kahn is the right man to successfully shape the future of FC Bayern München AG.”