GENEVA, Switzerland – Bayern Munich chief executive Karl-Heinz Rummenigge announced that he will not stand for re-election as European Club Association president, the Swiss-based organization said Thursday.
Rummenigge, 61, shared the decision with his ECA colleagues during a meeting Thursday at the association’s headquarters in Nyon, near Geneva.
The former Bayern star and German international has led the ECA since its founding in 2008 and has been re-elected three times.
“Following intense, successful and good years, I believe the time has come to pass on the responsibility,” Rummenigge said.
“I have always believed this office should only be held for a limited amount of time. My withdrawal from office expresses my sincerity concerning this issue,” he added.
In 2008, the ECA was representing 137 clubs, a number that has grown since then to 220.
The elections to choose Rummenigge’s successor are set for Sept. 5, ECA said.
“We can be proud of what we achieved in cooperation with FIFA and UEFA – all of our players are now insured for all international fixtures and the clubs now receive compensation when their professionals participate in a World or European Championship,” Rummenigge said.