Hertha BSC has received the last agreed tranche of 30 million euros from investor Lars Windhorst. The club confirmed receipt of the payment on Tuesday morning in a press release. Windhorst’s Tennor Holding has thus fulfilled all agreements with the capital club.
Especially in the difficult time of the pandemic, Tennor’s equity contributions secured “room for maneuver for Hertha BSC GmbH & Co. KGaA and our professional team,” said Hertha boss Carsten Schmidt. Windhorst had already announced the transfer last Friday via Twitter.
Most recently there had been media reports about payment problems, which Windhorst vehemently rejected.
Windhorst and his Tennor Group had initially acquired 49.9 percent of the spin-off Hertha BSC GmbH & Co. KGaA in 2019 and announced in the previous year that they wanted to increase their shares to 66.6 percent. A total of around 375 million euros was invested in this.