120 million versus 10 demands: strong immoral offer to the HSV

Tim Walter had simply taken a seat on the platform in the press space to talk about the coming Saturday and Arminia Bielefeld when it once more ended up being clear how subordinate in Hamburg these weeks and days is sport. At 2:45 p.m., Kühne Holding AG sent a news release, which means two things: the billionaire would nearly totally renovate the HSV and at the exact same time transform the whole association.

Kühne intends to raise its shares to 39.9 percent and send out two agents to the managerial board. Simply put: the bargain would certainly be roughly a requisition. One that would certainly fall victim to the desert field prior to application. Kühne had currently said in the Abendblatt last week, he really hoped that the board at HSV will certainly quickly be background.

Relabel ## Sector to Uwe-Seeler Arena

Kühne desires to increase its shares to 39.9 percent as well as send two reps to the supervisory board. Kühne had currently claimed in the Abendblatt last week, he really hoped that the board at HSV will certainly soon be background.

Among various other points, this is to be determined to occupy workers committee. Far, HSV AG has only been allowed to offer 24.9 percent. For this reason, Kühne rapidates a phenomenal general conference.

Something is clear: Vibrant offer comes with a time when the HSV stands with its back to the wall surface and all the silver is sold, from the arena residential or commercial property to the name legal rights to the wedding catering civil liberties. Kühne specifically offers 25 million for the due arena improvement, 20 million for financial obligation reduction and also 20 million for reinforcing the team. Kühne-Holding is all set to supply the AG 60 to 80 million. The requirement for this is that the share circulation is restructured as complies with: 50.1 percent HSV eV, 39.9 Kühne Holding AG, 10 percent various other investors..

Kühne would likewise undertake to proceed to take the name legal rights to the stadium. His plan: rename the arena to the Uwe-Seeler Stadium and to pay three to 4 million annually to HSV AG for a duration of 10 years. A step with which he may emotionize the participants.

Kühne specifically uses 25 million for the due stadium remodelling, 20 million for financial obligation reduction and also 20 million for strengthening the team. The requirement for this is that the share distribution is restructured as complies with: 50.1 percent HSV eV, 39.9 Kühne Holding AG, 10 percent other investors..