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Bayern Munich CEO Says '50+1' Rule Must Be Scrapped for Bundesliga Clubs to Remain Competitive

Karl-Heinz Rummenigge, FC Bayern Munich's CEO, believes that for Bundesliga clubs to remain competitive in the 'global' game of football, the 50+1 ownership rule imposed upon German clubs must be scrapped - according to a report published by German outlet Suddeutsche Zeitung.

The 50+1 rule dictates that a club must be more than 50 percent owned by its members, a requirement which has come under fire from a number of German club officials, who believe that the rule deeply limits the possibility of rich outside investors taking a controlling majority share in the club, instead of being just an ineffective minority shareholder.