Bayern higher-ups such as Rummenigge and the club's designated chairman, former German international Oliver Kahn, went down on the pitch to stand beside Hopp. At the same time, the majority of the crowd applauded chanting the investor's name.
WHY HOPP IS UNDER FIRE
Hopp is one of the most divisive protagonists in German football, having bankrolled Hoffenheim up from the fifth tier to the Bundesliga between 2000 and 2008. The co-founder of the software group SAP is said to have invested over 250 million euros in the club.
Aside from his engagement in football, the 79-year-old is known for considerable investments in several social, science and medical projects. Hopp is said to have invested a high multi-million sum in several projects, including projects for disadvantaged children.
Five years ago, the patron was allowed to purchase a majority of the club's shares, which stands for one of three exceptions to the 50+1 rule, which means members must own more than half the shares in their club. Other than Germany, countries like Britain, France, and Italy have opened doors for outside investors.
A minority of German fans claim to protect football heritage, but neglect inevitable modern developments.
RB Leipzig, bankrolled by Austrian billionaire and soft-drink manufacturer Dietrich Mateschitz, has been subject to substantial fan protests. Two other German clubs, Bayer Leverkusen and VfL Wolfsburg, are owned by internationally-operated companies such as the pharmaceutical group Bayer Leverkusen and the car manufacturer Volkswagen.
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2020-09-15
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