As reported by Bild, Hertha Berlin are in danger of seeing a €100m investor deal slip out of their hands.
As early as January, Hertha were confident that their agreement with US investors 777 Partners would become official within a few weeks. The deal is worth €100m which will be invested over six instalments by 2026. In return, the US company would receive 78% shares in the club.
On January 19th, Hertha President Kay Bernstein announced on the Hertha Base podcast: “We’re on the home straight with 777.”
However, it appears the deal is now at risk of not taking place at all.
Lars Windhorst currently owns 64.7% of Hertha’s shares and is yet to come to an agreement with 777 Partners. If the two parties can’t agree, the investors may walk away, partially with the club’s current league standing.
The money would be a massive boost for Hertha who recently closed the current financial year with -€60m debt. Ironically, the first instalment from the investors would be in the range of €60m.
Hertha’s financial future depends on an agreement between Windhorst and 777 Partners.
GGFN | Jamie Allen
