Windhorst confirms agreement to sell Hertha shares

By means of Rune Gjerulff   @runegjerulff

Lars Windhorst has showed that he has agreed to promote his 64.7 p.c stake in Hertha BSC to U.S. funding company 777 Companions.

Lars Windhorst.

Hertha BSC investor and CEO of Tennor Maintaining B.V. Lars Windhorst has showed that he has agreed to promote his stocks within the Bundesliga membership to Miami-based personal funding company 777 Companions.
“777 Partners, a strategic investor in soccer clubs worldwide, and Tennor Holding have agreed that 777 Partners will acquire Tennor’s 64.7 percent stake in Hertha BSC GmbH & Co KGaA,” learn a commentary from Tennor.

“We are giving our Hertha shares to an internationally known football investor with a long experience. Hertha BSC can benefit greatly from this new shareholder,” mentioned Lars Windhorst.

“It brings not only financial strength, but also a lot of professional experience and an impressive network of international football clubs. The entry of 777 Partners is a step towards a successful future for Hertha BSC.”

“The transaction will be fully consummated following approval by Hertha BSC, which has a contractual right of first refusal on the shares,” Tennor additional wrote.

Hertha put out a commentary at the subject on Wednesday, pointing out:

“We are pleased with this news. Everything else will now be handled according to our agreement.”

777 Companions already owns stocks in Genoa, Sevilla and Same old Liege, amongst others.

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