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Last Updated: Thursday, 16 November 2006, 16:07 GMT
Tax issue to halt Hargreaves sale
Karl-Heinz Rummenigge, chairman of Bayern's executive board
Rummenigge will call on the taxman for help
Bayern Munich claim Germany's tax laws make it impractical to sell Owen Hargreaves to Manchester United.

Chairman of the executive board Karl-Heinz Rummenigge insisted Bayern will again rebuff any United overtures for the England midfielder in January.

Rummenigge said: "We thought about what to do if we got a good offer, but only the finance minister would be happy.

"Even if we got 30m euros we can only get the tax back on contracts, so we will not sell Hargreaves."

Manchester United boss Sir Alex Ferguson has made a long and persistent pursuit of the England international to the point where Bayern considered asking Fifa to intervene.

Hargreaves, 25, is recovering from a broken leg, but is thought to be keen on a move to the Premiership.

606: DEBATE
FS

Bayern were powerless to prevent Michael Ballack joining Chelsea last summer when his contract expired, and they are determined to cling on to Hargreaves.

But Rummenigge insisted it is not in Bayern's financial interest to sell Hargreaves.

The former West German international said: "Thirty millions euros over four years is 7.5m euros each year and that means we have 22.5m euros the first year and we have to pay tax on that.

"So Hargreaves will not be going."



SEE ALSO
Hargreaves says Man Utd deal off
29 Aug 06 |  Man Utd
Hargreaves to put heat on Bayern
23 Aug 06 |  Man Utd
Hargreaves set on Man Utd switch
16 Aug 06 |  Man Utd


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