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Hertha BSC: Investor 777 Partners wants to take over Windhorst shares

2022-11-24T11:07:49.680Z

Hertha investor Lars Windhorst wants to sell his shares in the Bundesliga club to Miami. The company 777 Partners has already made investments in football.



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Fan protest against Lars Windhorst: A new investor should take over

Photo: IMAGO/Fotostand / Taeger / IMAGO/Fotostand

Lars Windhorst has sold his shares in the Bundesliga soccer club Hertha BSC to the Miami-based company 777 Partners.

The club still has to agree.

"777 Partners, a strategic investor in football clubs worldwide, and Tennor Holding have agreed that 777 Partners will acquire Tennor's 64.7 percent stake in Hertha BSC GmbH & Co KGaA," Tennor said in a written statement , which is available to the dpa.

Nothing was known about the sale price.

»We are giving our Hertha shares to an internationally renowned football investor with many years of experience.

Hertha BSC can benefit greatly from this new shareholder," says Lars Windhorst, CEO of Tennor Holding: "He not only brings economic strength, but also a lot of professional experience and an impressive network of international football clubs.

The entry of 777 Partners is a step towards a successful future for Hertha BSC.«

777 Partners is no stranger to the football market.

The network portfolio of 777 Partners includes the Spanish first division club FC Sevilla, the Italian second division club CFC Genoa as well as Vasco da Gama from Brazil, Standard Liège from Belgium, Red Star Paris from France and Melbourne Victory from Australia.

The company is also active in other sectors such as aviation, insurance and personal loans.

Hertha BSC has yet to agree

"The transaction will be fully completed after Hertha BSC, which has a contractual right of first refusal of the shares, has agreed to it," Tennor said.

Hertha responded with a statement on Wednesday.

»We are pleased about this news.

Everything else will now be treated according to our agreement," said the club.

Nothing has changed about that, Hertha replied to a request on Thursday morning.

Windhorst joined the capital city club with his company Tennor in 2019 and wanted to put Hertha on a successful national and international path with his investment.

However, the experiment went wrong.

Lars Windhorst is now accused of having commissioned an Israeli security company to force ex-Hertha President Gegenbauer out of office.

After the dispute over this commitment, in the course of which the company is said to have acted extremely insidiously, according to SPIEGEL information, the investor offered his shares for sale in October.

ptz/dpa

Source: spiegel

All business articles on 2022-11-24

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