Bayern Munich chairman Uli Hoeness pays emotional farewell after 49 years of service to the club

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Bayern Munich president Uli Hoeness has retired at the age of 67
Hoeness spent 49 years at the club where he first joined as a player in 1970
When injury cut his playing career short he moved behind the scenes
Bayern Munich became Germany's biggest team in part thanks to Hoeness
Herbert Hainer will replace Hoeness as the Bavarian club's president

Published: 08:24 EDT, 16 November 2019 | Updated: 10:13 EDT, 16 November 2019

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Uli Hoeness has stepped down as Bayern Munich president in an emotional ceremony after 49 years of service to the club.

The club legend has decided to step into retirement at the age of 67 after a long and storied career in the game, as both a player and as part of the management team behind the scenes.

During this time he helped turn the club's financial fortunes around and become one of the biggest sides in Europe.

Bayern Munich's parting president Uli Hoeness receives a leaving gift from Franck Ribery

Uli Hoeness who was part of Bayern Munich for 49 years, broke down into tears during speech

At the ceremony, the president was awarded with an incredible painting which included pictures throughout his life at the club, as well as some of the trophies he won.

At Bayern Munich's annual AGM meeting Hoeness said: 'For me the club always had to have people at the centre and this is what I tried to do.

'It was a wonderful time. I say to you that's it. I am done and thank you.'

A World Cup winner and European Champion with Germany, Hoeness scored 108 goals in 329 matches for Bayern Munich.

In a career that also saw him win three Bundesliga titles, a German Cup and three consecutive European Cups, Hoeness' career was cut short by injury at the young age of 27.

Hoeness stayed at the Bavarians however as he moved to a behind-the-scenes general manager role where he helped improve the indebted club's financial state and turned them into Germany's most successful team.

Hoeness first joined Bayern Munich in 1970 as a player but his career was cut short by injury

In 2009 after 30 years in the role, he was then elected as president of the club replacing club legend Franz Beckenbauer.

During his 40 years behind the scenes at the club, Bayern have won 20 Bundesliga titles and two Champions League titles.

He was also a driving force behind the construction of the £291m Allianz Arena.

During the ceremony which took place at the club's annual assembly it was announced that board member Herbert Hainer was to be elected as the new president, while Hoeness would become the club's honorary president.