Martin Winterkorn is set to stay on Bayern Munich's supervisory board despite resigning as the CEO of Volkswagen (VW) amid the ongoing emissions scandal.
Winterkorn, 68, resigned from Germany's biggest car manufacturer amid the scandal over falsified United States vehicle emissions tests.
VW could face fines of up to €16.1 billion in the U.S. Its shares have dropped from over €160 to €112.15, with a profit warning issued.
The scandal could have far-reaching consequences for German football, with VW and subsidiaries such as Audi turning into the game's biggest sponsors under Winterkorn's regime.
But Wolfsburg, owned by VW, have already said that they do not fear the company will cut their financial backing, which is reported to be close to the €100m mark.
Bayern confirmed that Winterkorn would not end his involvement with the club.
Club president Karl Hopfner told Sport Bild that he had been elected to the board as "a personal member" rather than as representative of stakeholders Audi.
Elsewhere, the club's CEO Karl-Heinz Rummenigge told Bild that the German league needed to generate more cash from its TV rights deal when it is renewed in 2017.
The rights will be tendered this autumn and a decision made next year.
Rummenigge said that while the Bundesliga would not be able to enter into a contract anywhere near the new €6.9bn deal for Premier League football, it needed to break the €1bn-a-year barrier.
"It's important that the Bundesliga gets more money from the new TV contract," he said. "And it's also important the top clubs remain competitive.
"The international competitiveness of FC Bayern and the Bundesliga should not be at risk."