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Investor Windhorst on a visit to a shipyard in Schleswig-Holstein: »Objection filed«
Photo: Gregor Fischer / dpa
In the Netherlands, a court has declared the Tennor Holding BV part of Hertha investor Lars Windhorst's bankruptcy.
The verdict was already given on November 2nd, said a spokesman for the tax court in Amsterdam.
An insolvency administrator was therefore appointed.
Tennor wants to take action against the decision of the Amsterdam court.
"We have appealed," said a spokesman.
The company is not insolvent.
Like all other investments, Hertha BSC is in no way affected by the court's decision.
It is assumed that the court will allow the objection.
"Tennor has reached an out-of-court settlement with the applicant," the spokesman said.
The company will generate a high profit in 2021 and will meet all obligations.
Lars Windhorst wrote on Twitter: "The Tennor Group and my group of companies are solvent."
Tennor is best known in this country because the company acquired 49.9 percent of the GmbH & Co. KGaA from the Bundesliga club Hertha BSC in 2019 for 224 million euros. In July 2020, Tennor put another 150 million euros into the Bundesliga club, increasing its stake in Hertha BSC GmbH & Co. KGaA to 66.6 percent. In the long term, the 44-year-old would like to use his financial resources to lead the club into the Champions League and ideally to establish it as an international brand.
In the past few months, there have been repeated reports of problems with the payment processing by Windhorst's Tennor Group with regard to football participation.
These were rejected by both the investor and Hertha BSC, but intermittent communication problems in the cooperation were admitted.
Shortly before the federal election, Windhorst was also noticed as a party donor through an entangled company network.
According to SPIEGEL information, he gave the CDU and FDP a quarter of a million euros each.
apr / dpa