Under Hoeness' stewardship, Bayern have won 24 Bundesliga titles and the German Cup 14 times, as well as lifting the Champions League in 2001 and 2013, in the last 40 years.
Former captain Oliver Kahn appointed to Bayern Munich's board starting next year, to take over as CEO in 2022
Oliver Kahn, who won eight league titles between 1994 and 2008 with Bayern Munich, signed a five-year contract after the board voted unanimously in favour of the move in Thursday’s meeting.
Bundesliga: Bayern Munich striker Robert Lewandowski pens new contract to extend stay with club till 2023
Lewandowski, reportedly one of Bayern's highest paid stars on €15 million ($16.6m) per season, will be approaching his 35th birthday by the time his new contract expires in June 2023.
World Cup qualifiers: Netherlands mark Dick Advocaat's return as manager with 5-0 thumping of Luxembourg
Advocaat, who had previously managed the Dutch national side from 1992-94 and from 2002-04, was brought on board after predecessor Danny Blind was sacked.
International friendlies: Joshua Kimmich salvages draw for Germany against Denmark with acrobatic bicycle kick
Bayern Munich right-back Joshua Kimmich earned Germany a 1-1 draw against Denmark on Tuesday with an acrobatic bicycle kick in a warm-up for a World Cup qualifier and Confederations Cup campaign
Arjen Robben scored in the 89th minute Saturday to give Bayern Munich a 2-1 win over German rival Borussia Dortmund in the Champions League final. Images from Bayern's victory celebrations.
Di Matteo, who has turned the club's fortunes around since taking over from Andre Villas Boas, said his players were brimming with confidence ahead of the Champions League final.
FIFpro said that UEFA had rejected their plea for clemency for the six Chelsea and Bayern Munich players who picked up a third yellow card in last week's Champions League semi-finals.
Bayern Munich fans have inundated the club with more than one million requests for tickets to the Champions League final against Chelsea.
Bayern Munich have had one thing on their mind all year — winning the Champions League in front of their home fans, on 19 May.
"The team's moment has arrived," said Cristiano Ronaldo, who scored his record 42nd league goal on Saturday against Barcelona. "It's a big game and we're going to win it because we're playing in front of our fans."
Real Madrid's 2-1 Champions League loss at Bayern Munich on Tuesday raised questions about the tactics of coach Jose Mourinho.
Bayern Munich defeated Real Madrid 2-1 at home in the UEFA Champions League first leg semi final that was filled with drama which saw the referee giving out nine yellow cards.
Bayern Munich coach Jupp Heynckes faces his former club Real Madrid over two legs, knowing that victory will ensure the German side will be the first to contest a Champions League final in its own stadium.