He played a major part in the most successful of Rapid teams in the 1980s, claiming the League crown twice, in 1982 and 1983, and three consecutive Austrian cup titles.

Krankl made his debut for Austria in a June 1973 friendly match against Brazil and was a participant at the 1978 and 1982 FIFA World Cups.

In the 1978–79 season of the Spanish Primera División, he was the top goalscorer with 29 goals for Barcelona and was awarded the Pichichi Trophy.

[5] Since ending his playing career at Austria Salzburg in 1989, Krankl has worked as a football manager and coach.

[citation needed] He has also intermittently featured as a studio guest and co-commentator on Austrian public service broadcaster ORF.