HSV richer than ever: new stars arriving this winter? | OneFootball

HSV is in as strong a financial position as it has been in a long time. That also opens up new possibilities on the transfer market.

The financial figures published on Thursday for the 2025/26 season show a clear surge in growth. Revenue climbed to €182.1 million – a new record in the club’s history and an increase of 44 percent compared to the previous year. Hamburg also improved its annual profit: after €4.4 million the year before, HSV posted a profit of €8.1 million this time.

Particularly noteworthy: the growth is spread across several areas. The club generated €56.3 million from match operations, partnerships brought in €31.4 million, and merchandising contributed €25.3 million. These are all record figures. At the same time, the financial foundation improved significantly. Equity rose to €87.5 million, while liquid assets increased to €50.5 million. Financial liabilities, by contrast, are now down to just €16.8 million.

Photo: IMAGO

HSV set for more top transfers?

This development creates room for maneuver in sporting matters. HSV already demonstrated its new transfer strength in the summer by investing around €31 million in ten new signings. €9 million was spent on Fabio Vieira, while Zakaria El Ouahdi cost €8 million. The last time HSV spent this much money on new players was ten years ago.

Board member for finance Eric Huwer has therefore repeatedly emphasized recently that HSV is “ready to act at any time.” Whether that will already be put to use in the winter, however, depends on sporting developments and the squad situation.

Hamburger Abendblatt reports, in any case, that the Hanseatic club intends to continue making transfers on the scale of Vieira or El Ouahdi in the future. However, that is more likely to happen next summer. Even so, the club would in any case have the option of responding in winter to any potential downturn.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇩🇪 here.