Hertha announced this on Wednesday afternoon. “This investment will take place in two tranches: in July 2020 in the amount of 50 million euros and in October 2020 in the amount of 100 million euros. After the implementation of this agreement, Tennor Holding BV holds 66,6 percent of the shares in Hertha BSC GmbH & Co. KgaA ”, the association said.
The mother association Hertha BSC eV continues to provide the management. "With the renewed capital increase, we are keeping our promise to continue supporting Hertha BSC. This underscores our long-term commitment, especially in difficult corona times, ”said Tennor Chairman Lars Windhorst.
And further: "I am pleased that this opens up great opportunities for the management of Hertha BSC to lead the club to success."