Bayern Munich's club president Uli Hoeness has stepped down from the role after being jailed for tax evasion.

The 62-year-old has also said that he will not appeal against the three-and-a-half year sentence handed to him yesterday.

The former West Germany international player owed more than €27 million in back payments.

In a statement he said: "Tax evasion was the biggest mistake of my life. Bayern Munich is my life's work and will also remain so."