Hertha BSC in the crisis lesson: General assembly under pressure!
Hertha BSC in the crisis lesson: General assembly under pressure!
Hertha BSC faces a trend -setting general meeting (MV), which will take place on Sunday in Hall 22b of the Berlin trade fair at 11 a.m. As reports rbbb24, the MV is not subject to a clear information and discussion.
The last meeting in November 2024 was characterized by personnel changes. The association ended the 2024/25 season in a disappointing 11th place. In this contextual Situation, Cristian Fiél was released in February 2025 and replaced by Stefan Leitl, who saved the club from relegation.
financial challenges and perspectives
The financial situation of Hertha BSC remains tense. At the MV, sports director Benjamin Weber and Ralf Huschen, who has been the managing director since April 2024, have to be referred to the financial challenges and the overriding proportions of 777 Partners. The investor currently holds 78.8% of the shares and sees itself exposed to high financial pressure. The license allocation for the coming season is currently on the brink. A financing concept for repaying the Nordic Bond bond must be presented by June 4th.
according to Herthabsc.com Hertha BSC is heading for a positive operating result (EBITDA) by the end of the 2023/24 season. With the support of 777 partners of 75 million euros, the club was able to reduce its cost structure by over 70 million euros. The "Berliner Weg", which was proclaimed under the Presidium of Kay Bernstein, contributed to an improvement in the budgetary situation.
The club also benefited from a record increase in members and a strong merchandising turnover this season, so that the annual result is intended to improve by over 75 million euros. Nevertheless, coping with the interest -strange liabilities of 25 million euros remains a central challenge.
Future issues by the general assembly
The general meeting will also be an exciting topic by the resignation of Andreas "Zecke" Neuendorf and Managing Director Thomas E. Herrich. These resignations are explosive because both had previously received contract extensions. Hertha BSC is currently looking for a new managing director whose presentation could also be carried out on the MV.
Overall, there are many questions about the financial future of Hertha BSC and the shares of the 777 partners. The assembly could therefore set the course for the future of the traditional association.
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Ort | Messe Berlin, Deutschland |
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