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Bayern Munich executive board chairman Karl-Heinz Rummenigge contract extended through 2019

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Great news for FC Bayern.

Lars Baron/Getty Images

FC Bayern München AG chairman Karl-Heinz Rummenigge has extended his contract with the German champions until 31 December 2019 it was confirmed Friday. The FC Bayern supervisory board and Rummenigge have agreed a three-year extension.

Rummenigge spoke on the extension:

"I would like to thank the supervisory board, namely board chairman Karl Hopfner, for the confidence in me and the serious and productive cooperation. FC Bayern are in a very good situation in terms of sport as well as finances and have established themselves at the top of European football. We'll all carry on our work to ensure we continue to be successful at this level. FC Bayern are a wonderful club, and I'm looking forward to further cooperate with my board colleagues, the supervisory board and all staff."

FC Bayern München AG supervisory board chairman Karl Hopfner spoke about Rummenigge’s extension:

"Karl-Heinz Rummenigge has been FC Bayern chairman since 2002. This continuity is a substantial reason why FC Bayern are one of the best European clubs with regard to sport as well as finances. We, the FC Bayern München AG supervisory board, are delighted to continue the successful cooperation with Karl-Heinz Rummenigge. This is a good day for FC Bayern."

Karl-Heinz Rummenigge joined Bayern in 1974, where he won two Bundesliga titles, two German Cups, two European Cups, Intercontinental Cup and with Germany, the European championship. With Bayern, he scored 162 goals in 310 Bundesliga appearances.

In 1991 Rummenigge was elected as vice-president of FC Bayern München and in 2002 he was named chairman of joint stock company FC Bayern Munich AG.