Bundesliga
Hertha BSC could apparently receive money from Saudi Arabia
Published
3 months agoon
By
Maria Keane
Hertha BSC could apparently receive money from Saudi Arabia indirectly in the future after the investor 777 Partners got involved.
Like the agency specializing in economic and financial issues Bloomberg reported that the US company itself is looking for a financier for its football division – and is said to have approached the Saudi Arabian owners of the Premier League club Newcastle United.
The private investment company based in Miami officially joined the Berliners last week and secured 78.8 percent of the capital shares in Hertha BSC GmbH & Co. KGaA in the course of the capital increase. According to Bloomberg, 777 is now said to have approached five possible investors, including British businesswoman Amanda Staveley, who is involved with Newcastle. She is said to have helped arrange the takeover of the traditional club by the Saudi state fund PIF 2021.
Should 777 strike a deal, could so loud Bloomberg-Report that money from the Saudi state fund will also flow into the Hertha account and thus into the Bundesliga for the first time. At the request of Süddeutsche Zeitung Hertha announced that the subject of resale was regulated in the contract – but the club did not want to answer detailed questions about contracts. Also 777 commented on SZ-Request not.
“Triple Seven” also invests in six other clubs around the world, including FC Genoa in Italy and FC Sevilla in Spain. The Americans will initially provide the clammy Bundesliga team with 100 million euros.


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