Michael Diederich is the new Chief Financial Officer of FC Bayern Munich. The 57-year-old replaced Jan-Christian Dreesen, who is now the club's sporting director.

Uli Hoeneß, the honorary president of the club, describes him as a "top man" He is responsible for the finances, which developed well under Karl Hopfner. He will also be the one who will be able to announce record sales of more than 800 million euros at the annual general meeting in autumn.