Hertha BSC: A -cap takes over the majority - what does that mean for the club?

Hertha BSC: A -cap takes over the majority - what does that mean for the club?

On Friday, June 7, 2025, the auctions of the shares of the US company 777 partners took place in New York, which included the entire football portfolio. Hertha BSC also includes the affected clubs. The new majority owner will now be the US holding A-Cap (Advantage Capital Holdings), which also has a shares in club names such as FC Sevilla, CFC Genoa and Vasco da Gama. This transaction comes after 777 partners got into financial difficulties and was under the control of its main creditor A-CAP, which now own 78.8 percent of Hertha BSC GmbH & Co. KGAA. Hertha BSC itself has not yet commented on media inquiries about this change of ownership.

At the auction, the shares came to auction through so -called "credit bids". This means that the money does not flow directly; Instead, the collateral of 777 partners for loans were used as a means of payment. This type of auction shows that 777 partners is heavily struck. The company had only entered Hertha BSC in March 2023 as the successor to Lars Windhorst, but was unable to fulfill its obligations and has now been dissolved. A-Cap took control of the entire portfolio, which also includes shares in the Belgian Association Standard Liège, which was recently sold to the SDL holding company by CEO Giacomo Angelini.

takeover and future perspectives

The takeover of Hertha BSC by A-Cap also means that two seats on the club's supervisory board are now filled by representatives of the new owners. According to the reporting of rbb24 and daily levels for Hertha BSC by this change of owners Since A-cap had previously been involved in management. The club had played a test game against Standard Liège last season when they were still part of the portfolio of 777 partners.

The discussion about the effects of private equity companies on football is a hot topic. Private equity engagements enable clubs to generate new capital, but also associated with the risk of aggressive restructuring and high fees. According to Deutschlandfunk , many clubs are considering private investors to reduce the dependency on banks. This type of capital participation is now no uncommon in the Bundesliga, since the salaries and investments in sport are continuously increasing and making a new financing structure necessary.