FRANKFURT May 3 Internal investigations at
Adidas related to a tax scandal involving the
chairman of soccer club FC Bayern Munich have shown that the
company is "clean", the sportswear group's chief executive said
Bayern Munich boss Hoeness has admitted to evading taxes in
a scandal that has shaken Germany. He also said he received a
personal loan from previous Adidas boss Robert-Louis Dreyfus.
"We have looked deeply into the matter and we have no
compliance issues at all," Herbert Hainer told journalists after
the company reported first-quarter financial results.
He also said the group would remain a shareholder in Bayern
Munich and urged that Hoeness not be prejudged.
(Reporting by Victoria Bryan; Editing by Maria Sheahan)