New HSV shareholder: Kühne passed on his shares! | OneFootball

There is movement among HSV’s investors. Shortly before his death, billionaire Klaus-Michael Kühne decided to give up shares.

In total, he held 13.5 percent of HSV Fußball AG & Co. KGaA. According to information from Bild, Kühne Holding, where the billionaire’s wealth was concentrated, will sell 4.5 percent. A group of Hanseatic businessmen operating under the name “Hanse & Raute,” led by HSV supervisory board member and Berenberg banker Hans Walter Peters, has reportedly formed as the buyer. The talks are said to have been ongoing for more than a year. The deal with Kühne had reportedly already been agreed before his death on August 24.

In addition, AMPri Handelsgesellschaft, which holds a 1.42 percent stake, will also sell shares. “It is important to me to stress that we are not turning away from HSV. Quite the opposite: our connection remains very strong. That is why we are pleased and supportive that HSV can take the next step toward further development and securing financial stability,” said managing director Thomas Böhme, who followed the club very closely.

Photo: IMAGO

What HSV boss Huwer says about the investor change

HSV itself, represented by the e.V., remains the largest shareholder with more than 70 percent. It will not make any financial profit from the share sales, because the new investors are paying the purchase price to the old ones. Nevertheless, CFO Eric Huwer expressed his approval of the deals: “HSV will get a simpler and clearer shareholder structure. We welcome that; the e.V. remains, in practice and not just formally, the only anchor shareholder. That strengthens legitimacy vis-à-vis the members.”

Nur die Raute – All news about HSV

Behind the e.V., Kühne Holding — which still held more than a fifth of the shares a year ago — is now the second-strongest force with just nine percent. Meanwhile, nothing changed in the positions of Sparda-Bank Hamburg (7.5 percent) and HanseMerkur (6.7 percent), both of which came on board last year. Behind them comes the new investor group around Peters with 4.5 percent, which could still be joined by other long-standing small shareholders.

Photo: IMAGO

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